THIS AND THAT
for Fiscal Year 2017/2018
Regulation of
Public Practice
Investigations Closed in 2017-2018
THERE WERE...
11
3,802
No grounds
7
practitioners and partners
operating in 2,592 public
practice offices in BC as
at March 31, 2018. The
majority of practitioners
work in small businesses
where 98.5% of the firms
are owned by fewer than
five professional
accountants.
Not pursued
28
Resolutions
8
Referred to Disciplinary Panel
Practice Review
DID YOU KNOW
Sanctions may be imposed in cases where there are
more serious issues. There were 995 practice reviews
conducted this past year. This number includes 84
re-inspections that were undertaken where standards
had not been met in previous reviews.
If a matter moves forward and there is a breach, the CPA
may agree to accept a reprimand, take courses, pay fines
and/or expenses, agree to public disclosure of the breach,
or any combination of the above.
Disciplinary Hearing Activities in 2017-2018
1 Resolution Agreement
9 Outcome pending
Ethics & Discipline Process
130 Total Complaints in 2017-2018
20 54 56
Under
review Complaints
dismissed/
Not accepted Investigations
authorized
If a complaint is within CPABC’s jurisdiction, and there are
grounds for the complaint, an investigation into the
matter is undertaken.
Generally the most serious matters are handled by
the Disciplinary Committee. Findings can be
enforced without a member’s consent. A CPA could
receive a reprimand, have their membership
suspended or cancelled, be required to comply with
conditions for continued membership, and pay fines.
All Disciplinary Panel findings are publicly disclosed.
Decisions can be appealed to the Supreme Court
of BC.
For the full report, go to
bccpa.ca/protectingthepublic.
CPABC in Focus • July/August 2018 25