At present, ACCA (Association of Chartered Certified Accountants) is not directly recognized in Canada. There was a Mutual Recognition Agreement (MRA) between CGA Canada and ACCA which allowed members of ACCA to be automatically admitted to CPA Ontario, which has expired in April 2021. 

Accounting is basically how a business records, organizes and interprets its financial information, which is derived by the use of a set of formulas and represented in a way that’s easy for decision making.