CPABC in Focus November/December 2013 | Page 5

ox NoTES & NEwS Notes from the Leadership By Karen Christiansen, CPA, FCA, Candace Nancke, CPA, FCGA, and Tammy Towill, CPA, CMA, FCMA W e’re pleased to report that progress continues to be made toward the establishment of CPABC. In fact, since launching our first issue of CPABC in Focus in September 2013, we’ve reached two other significant milestones. First: The ICABC Council, CGA-BC Board, and CMABC Board (the “boards”) held a joint meeting on September 19, during which they approved the CPABC Transition Plan and Integrated Budget (Transition Plan), which lays out the process for integrating the three bodies over the next six months and beyond. At this meeting, the boards also authorized the three of us, as representatives of the ICABC, CGA-BC, and CMABC, respectively, to sign a three-way Joint Venture Agreement. The signing of this agreement formally allows the three legacy bodies to pool resources and begin implementing the Transition Plan. Second: Bylaw changes were approved. The ICABC and CMABC each held special general meetings on September 19, and CGA-BC held its annual general meeting on September