Thurman T.H. So of Richmond, British Columbia, is a former member of the Chartered Professional Accountants of British Columbia (CPABC).
While a CPABC Member, Mr. So provided compilation services for clients but did not hold current licensure to provide such services. The reports he prepared were not in accordance with Canadian Standard on Related Services (CSRS) 4200. The Investigation Committee determined that Mr. So contravened the following:
Rules of the CPABC Code of Professional Conduct:
201.1 - Maintenance of the good reputation of the profession
202.1 - Integrity and due care
203 - Professional competence
206.1 - Compliance with professional standards
Bylaws:
700(1) & (2) - Public Practice by CPA Members
The Committee recommended that Mr. So:
- Accept a reprimand;
- Pay a fine of $2,500;
- Pay investigation expenses of $2,480;
- Acknowledge that he must not use or display the designation “Chartered Professional Accountant” or the initials “CPA” or the legacy designation “Certified Management Accountant” or the initials “CMA”, or the descriptor “Professional Accountant” or the initials “PA”, or in any manner imply, suggest, or hold out that he is a Chartered Professional Accountant or Professional Accountant; and
- Acknowledge that he must not perform engagements under CSRS 4200, Compilation Engagements or other professional accounting services to the public as per section 47 of the Chartered Professional Accountants Act.