Admission Steps for Overseas Members to ICAB Membership from Other Provincial and Other Affiliated Institutes
For an overseas member of another Provincial or Affiliate Institutes to become a member of the Institute of Chartered Accountants of Bermuda (ICAB), they must first be a member, in good standing, with their Provincial/Affiliate Institute. To be in good standing the member's fees must be current and their Continuing Professional Development hours up-to-date at the time of applying for admission to ICAB membership. The member must then complete the Bermuda Institute's Application for Membership, duly signed by a current member, in good standing, of the Bermuda Institute and a member that knows the applicant to be of good moral character and habits and in every way a fit and proper person to be admitted to membership in the Institute. On receipt of the completed application by ICAB, ICAB in turn requests a letter from the relevant member's Provincial/Affiliate Institute seeking confirmation of their membership with them and that the membership is in good standing. On receipt of such a letter by ICAB, the application is prepared for presentation to ICAB's Application Review Committee for final approval by ICAB's Council.
International Qualifications Appraisal Board
The International Qualifications Appraisal Board (IQAB) is responsible for assessing the admission standards of foreign accounting bodies and recommending to the provincial institutes of Chartered Accountants in Canada whether and under what conditions members of these bodies may be admitted to the Canadian CA profession based on their foreign qualifications. IQAB also negotiates Mutual Recognition Agreements (MRAs) with foreign accounting bodies whose qualifications processes have been assessed as substantially equivalent to the Canadian CA standards of professional education, experience and evaluation and who can provide Canadian CAs with reciprocal rights to licensure and certification ("designated bodies). IQAB works closely with our provincial institutes, which are ultimately responsible for approving its reports and Mutual Recognition Agreements. We work closely with US IQAB - comprised of AICPA and NASBA representatives - on those reviews in which both groups have a common interest.
IQAB's recommendations that have been approved by the provincial institutes reflect eleven foreign accounting bodies whose members are recommended for exemption from the Canadian Uniform Evaluation (UFE) ("designated bodies") and seven bodies whose members are not.
Designated Accounting Bodies
The eleven designated accounting bodies whose members are recommended for exemption from the UFE are:
The Institute of Chartered Accountants in Australia
Institut des Reviseurs d'Enterprises de Belgique
The Institute of Chartered Accountants in England and Wales
Ordre des Experts Comptables (France)
The Hong Kong Institute of Certified Public Accountants
The Institute of Chartered Accountants in Ireland
Instituto Mexicano des Contadores Pùblicos (IMCP)
Nederland Instituut van Register Accountants
New Zealand Institute of Chartered Accountants
The Institute of Chartered Accountants of Scotland
The South African Institute of Chartered Accountants
AICPA and The National Association of  State Boards of Accountancy in the United States of America exempt CAs in their respective province / territory from the requirement to pass the AICPA final examination
Non-Equivalent Accounting Bodies
The seven non-equivalent accounting bodies whose members are not recommended for exemption from the UFE are:
The Australian Society of Certified Practicing Accountants
The Institute of Chartered Accountants of Pakistan
The Philippines Institute of Certified Public Accountants
The Institute of Chartered Accountants of Sri Lanka
The Association of Chartered Certified Accountants of United Kingdom
Accounting Bodies Currently Under Review
Institute of Chartered Accountants of India
The Insitute of Chartered Accountants of Zimbabwe
Members of Non-Assessed Accounting Bodies
Accounting bodies who are not  Members of Designated Accounting Bodies or  Members of Non-Equivalent Accounting Bodies, have not been assessed by the Canadian CA profession's International Qualifications Appraisal Board (IQAB).
These are categorized as Members of Non-Assessed Accounting Bodies. As a member of one of these, you are not automatically eligible for exemptions from any education or examination requirement of the Canadian CA program.
You may, however, ask for an individual assessment of your qualifications and those of your accounting body to determine if the respective provincial institute will grant you exemptions. If exemptions are not granted, you must complete all the requirements of the respective institute's program to qualify for membership. For the details, refer to the respective institute websites).
Alberta
Bermuda
British Columbia
Manitoba
New Brunswick
Newfoundland
Nova Scotia
Ontario
Prince Edward Island
Quebec
Saskatchewan