Accounting standards for accountants in Canada are established by:

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The Canadian Institute of Chartered Professional Accountants (CPA Canada) is the national organization responsible for setting accounting standards in Canada. CPA Canada develops and maintains the accounting standards known as Generally Accepted Accounting Principles (GAAP) in Canada. The other organizations listed, such as the Society of Management Accountants of Canada (now known as the Chartered Professional Accountants of Canada) and the Certified General Accountants Association of Canada, are also professional accounting organizations, but they do not have the authority to establish accounting standards. The International Accounting Standards Board sets international accounting standards, but it does not have primary authority over Canadian accounting standards.

Accounting Standards for Accountants in Canada Are Established By