About Us

The Saint Mary's University Centre of Excellence in Accounting and Reporting for Co-operatives (CEARC) was formed in 2007 and is located at the Sobey School of Business, Saint Mary's University, Halifax, Nova Scotia. The Centre's work is governed by a Board of Directors, with an Executive Director managing the day to day work of CEARC. An advisory board directs the research goals and oversees the use of resources. The Centre's research work is a collaborative effort and includes partnering with other researchers and universities on particular projects.


To be an International leader, with a respected global voice, in the development and interpretation of accounting policies and standards which recognize the distinct co-operative and credit union form of business, and contribute to excellent co-operative business practice.


The mission of CEARC is to be a focal point for policy development, academic and applied research, and critical reflection on industry practices in the area of accounting for cooperatives and credit unions. Working closely with the co-operative business, accounting and academic communities, CEARC shall develop innovative research programs with practical applications in the areas of policy development and educational programming, recognizing the unique and important roles cooperatives and credit unions play in our society and economy. CEARC shalll operate in a consultative fashion with accounting standard setters and cooperatives and credit unions to develop best practices and relevant interpretation of standards to improve accounting practice; auditor knowledge and effectiveness; and, government policy.

Annual Reports

CEARC Annual Report 2019

CEARC Annual Report 2018

CEARC Annual Report 2017

CEARC Annual Report 2016

CEARC Annual Report 2015

CEARC Annual Report 2014

CEARC Annual Report 2013

CEARC Annual Report 2012