Anne Kang, MLA for Burnaby-Deer Lake and the Chartered Professional Accountants of BC are hosting a free online CPA Financial Literacy Session for those who want to understand how credit works and how to take control of debt.
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
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)
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 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 email@example.com.
*This session is NOT intended for CPA’s and does not qualify for CPD.