CPABC in Focus November/ December 2015 | Page 38

Changing categories Practitioners seeking to change their licence category can request a change by completing Form 3B: Request to Amend Category of Public Practice Licence, which can be found on the CPABC website at bccpa.ca under Members/Public Practice/Find a Form. It is important to note that practitioners will not lose their right to change back to a category in which they were previously authorized to practice unless it has been over five years since those services were provided and competence in that area has not been maintained (maintaining competence would include undertaking appropriate professional development). The categories of licensing reflect the diversity of CPA membership and the services CPAs offer to the public Rationale for different categories of public practice licence The implementation of licence categories was one of the recommendations made by a national working group tasked with giving in-depth consideration to best practices in the regulation of public accounting. The new model reflects the reality that our members have different types of business models, with many working outside the assurance field. These categories also reflect the marketplace, as not all clients need assurance services—many are looking for professional accountants to provide other services entirely. We need to ensure that we are able to license members who have experience appropriate for non-assurance practices. The licence categories also link with the various practical experience options for CPA candidates. Those students wishing to pursue an assurance licence need to get their practical experience in a preapproved program with an office that offers assurance services. Students who intend to practice in a compilation area can obtain their experience in a public practice firm—either through a pre-approved program or through the experience verification route. Ultimately, these categories of public practice licensing reflect the diversity of CPA membership and the services CPAs offer to the public. High performing. It’s who you are. At EY, we believe in setting high standards, reaching new heights and empowering high performers. We proudly congratulate our successful writers of the UFE in Vancouver. Visit ey.com/ca. From L-R: Emily Joy, Cathy Law, Hayley Wong, Michael Murazzo. 38  CPABC in Focus • Nov/Dec 2015