The Canadian Institute of Accredited Public Accountants (CIAPA) was founded in 1938 and was granted letters patent under the provisions of Part II of the Canada Corporation Act on May 7th, 1946. The Society of Professional Accountants of Canada The SPAC was established in 1978. A Federal Charter was granted to the society as a corporation is by letters patent under the provision of Part II of Canada Corporations Act. The CIAPA is a well-established accounting institution.CIAPA The designation RPA Is an Abbreviation for the term REGISTERED PROFESSIONAL ACCOUNTANT, granted by the society to a persons with approved experience. who successfully complete the Mandatory Professional Exam of the society. The society is a Professional organization established for ongoing education and setting qualifying standards to ensure professional competence of its members in the practice of accountancy. The Society has members across Canada and internationally with proven capability in their chosen profession. The Society proudly exudes the singular distinction of being the premier professional accounting organization in Canada offering a unique perspective with a special emphasis on small business. A Federal Charter has been granted to the Society as a corporation by letters patent under the provisions of Part II of the Canada Corporation Act.