THIS AND THAT
THIS AND THAT
CPABC Report to the Public (Fiscal Year 2015/16)
CPABC's Report to the Public details the profession's proactive approach to protecting the public
interest. The report gives an overview of the initiatives and resources that have been established to
ensure that BC’s Chartered Professional Accountants adhere to professional and ethical standards.
PROFILE
ss i o n by :
PA p rofe
C
n
a
i
d
C ana
f the
o
Contributing
e
va lu
d
to economic & social
n
a
Supporting
ce,
n
development
a
v
members
r ele
Mi ssion
: T o e n h a nc e t h e i nf l ue n ce ,
& students
Protecting
Visit bccpa.ca
the public
Governance
for more info!
CPABC’s board of directors
governs the CPA profession in BC.
CPABC is committed to protecting
the public interest through:
Delivering
rigorous
educational
& certification
programs
NEW GOVERNING DOCUMENTS
Proclaimed on June 24, 2015,
the CPA Act created CPABC.
All professional accountants in BC
now fall under this Act. The Act
protects the public by:
CPA
Act
Limiting the
practice of
professional
accounting
to CPAs
CPABC
Bylaws
Restricting the use of the
designation “Professional
Accountant” or “PA” to CPAs
The provision of custodian
powers in situations where a
member is unable to continue
to manage their practice
Bylaws represent the high-level powers
of CPABC and enable the board to make
bylaw regulations relating to the more
detailed implementation of that authority.
The board approved new CPABC Bylaws
after an extensive process that included:
Upholding
the highest
professional
standards
& ethics
New Board of Directors
announced for
fiscal 2016/17
CPABC Code of Professional Conduct
Professional
behaviour
Integrity
and
due care
5
Fundamental
Principles of
Ethics
Professional
competence
Objectivity
Confidentiality
Check out Public Practice News & Views
at bccpa.ca
INPUT
• legal counsel
• volunteer task force
• executive management committee
PRIOR APPROVAL
• transitional steering committee
• legacy body boards/council
CPABC in Focus • Sept/Oct 2016 31
CPABC in Focus • Sept/Oct 2016 27