CPABC in Focus July/August 2016 | Page 27

Quick glossary :
Q : Can a CPA member provide public practice services without being licensed ? A : Not if they ’ re a partner , shareholder , or proprietor of a firm engaged in public practice in BC ( this includes sole practitioners ) or an employee who has overall engagement responsibility where activities are included in the definition of public practice . A CPA member who does not fall into the aforementioned categories could work for a public practice firm without being licensed , but would not be able to sign off on engagements or open their own public practice .
Q : Are PPR positions restricted to public practice firms ? A : No . PPR positions can be found in industry as well . However , PPR positions that will enable candidates to meet future licensure requirements for audit , review , or other assurance engagements must be in an audit or review path , as appropriate , that has been pre-approved for a public practice firm .
Q : How can my firm / company offer pre-approved positions ? A : As firms / companies differ in nature , we recommend that you contact Ella Bohinska , CPA , CA , program manager of pre-approved programs for CPABC , to discuss the opportunity to create a pre-approved position at your firm / company . She can be reached at ebohinska @ bccpa . ca .
Contact us For more information on the practical experience requirements , please contact the CPABC PER team at cpabcper @ bccpa . ca .

Quick glossary :

Quick glossary : CPAWSB – CPA Western School of Business EVR – Experience verification route PER – Practical experience requirements PPR – Pre-approved program route PERT – Practical experience reporting tool PEP – Professional education program
CPAWSB – CPA Western School of Business EVR – Experience verification route PEP – Professional education program PER – Practical experience requirements PERT – Practical experience reporting tool PPR – Pre-approved program route

ACCOUNTANTS VALUE DIANE ’ S OPINION

Diane is an AIC-designated appraiser , a Canadian real estate valuation expert . Accountants , investors and fi nancial planners rely on AIC appraisers – AACI ™ and CRA ™ – for unbiased opinions and trusted advice on the value of real estate , including expert testimony before judicial and quasi-judicial bodies . Property taxes , estate settlement , foreclosure , retirement planning , capital gains tax , asset management , IFRS , mergers , acquisitions , and more – if it involves real estate , involve an AIC-designated appraiser .
Yuri Arcurs / Hemera / Thinkstock
Valuations | Consulting Appraisal Review | Due Diligence
Find an AIC-designated appraiser
AICanada . ca / British-Columbia
CPABC in Focus • July / August 2016 27