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CPA Australia and Chartered Accountants Ireland have signed a mutual recognition agreement to share information and ideas across members.
CPA Australia, Chartered Accountants Ireland solidify relationship with MRA
11 April 2025
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7 minute read
A mutual recognition agreement (MRA) between CPA Australia and Chartered Accountants Ireland (CAI) has been signed, marking a “significant milestone”.
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On Wednesday, a signing ceremony held in Melbourne saw the two accounting bodies solidify their mutual commitment to share information and ideas that would benefit members.
Collectively, CPA and CAI represented more than 215,000 members worldwide, and the MRA was the first to be signed between the two bodies, both full members of the International Federation of Accountants (IFAC).
Speaking at the signing ceremony, Chris Freeland, chief executive of CPA Australia, said that the agreement was a significant milestone in the relationship between the two accounting bodies.
“Signing this agreement enables our respective organisations to work together to provide high-quality education programs and build the technical capabilities of accounting, business and finance professionals,” he said.
“This agreement stands as a mark of our mutual commitment to share information and ideas. It broadens the global vision of our respective members and promotes the ongoing advancement of the profession in both Ireland and Australia.”
The bodies revealed the agreement would also provide members from both professional bodies a pathway to take up each other’s designation and enhance their career opportunities, and was signed by Freeland and CAI president, Barry Doyle.
Doyle said the signed agreement was a huge moment for CAI and broader Ireland.
“As a small island, Ireland has always been outward-facing, and our members use their qualifications globally. This agreement will benefit the many Irish professionals building their careers in Australia and will allow both bodies to collaborate even more closely in supporting all our members,” Doyle said.
“The historical amalgamation of Chartered Accountants Ireland and CPA Ireland in 2024 created the largest professional body on the island, with this expanded Institute now the only Ireland-based accountancy body.”
“CPA Ireland enjoyed an enduring relationship with CPA Australia over several decades, and there is now an exciting opportunity to build upon this for the benefit of our members and our respective economies.”
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