CPA Financial Literacy Free Webinar: The Journey Out of Debt

Better Business Bureau and Chartered Professional Accountants of BC are hosting a free virtual CPA financial literacy session. Join us to understand how credit works and how to take control of debt.

CPA Members: Please help spread the word to your family, friends and community to attend this free virtual webinar.

Audience: General Public. This webinar is not intended for CPA’s and does not qualify for CPD.

Learning Outcomes

• learn what credit is and how it works
• understand the difference between good debt and bad debt
• the cost of debt, particularly bad debt and only making minimum payments
• how payday loan companies operate and the cost of borrowing from them
• understand how debt can pile up and how this can have negative consequences on future financial plans
• learn how to take control of debt, including assessing the amount of debt, debt repayment options, dealing with creditors, and collection agencies and rules

Session Outline

• how credit works
• benefits and risks
• cost of buying on credit
• payday loan companies
• how debt accumulates
• how to take control of your finances (dealing with debt)
• resources
• Q & A

About the Speaker: Andrew Smith CPA, CA

Andrew Smith started towards his CPA designation in 2001 at Vancouver Island University (Formerly known as Malaspina University College) and obtained a Bachelor of Business Administration in 2005.  He obtained his Chartered Accountants designation in 2009 while working at a small accounting firm on Vancouver Island. 

In 2009 he moved to Vancouver and started working in the insolvency industry with a small boutique firm where he obtained his Insolvency designation and became a Licensed Insolvency Trustee in 2015.  

He currently works for the a boutique insolvency firm in Surrey, BC helping consumer and corporate debtors find solutions for their financial situation.  

He enjoys playing hockey and curling in the winter, golf in the summer, hiking with his family and gardening. 

If you have any questions in regards to this session or about our financial literacy program, please contact Tierra at tpawluk@bccpa.ca.

*This session is NOT intended for CPA’s and does not qualify for CPD.