CPABC Responsibility

CPABC Responsibility

Protecting the Public: Responsibility

Under the Chartered Professional Accountants Act, CPABC has the responsibility to regulate all matters, including competency, fitness and professional conduct, relating to the practice of accounting by members, students, professional accounting corporations and registered firms; CPABC is also required to establish and enforce professional standards.

CPABC protects the public interest by:

  • evolving CPA education programs to continually meet the needs of business and communities

  • admitting only qualified individuals to membership

  • enabling competency and proficiency of members and students

  • regulating students, members and firms by establishing, overseeing, and enforcing professional standards

  • providing a means by which complaints can be dealt with in a fair and efficient way by investigating and adjudicating complaints 

With respect to the last point, two CPABC regulatory committees have been established to address complaints and may be viewed here: the Investigation Committee and the Disciplinary Committee.

A description of CPABC's Ethics Investigation and Discipline Process may be viewed here.

Purpose

  • CPABC protects the public interest by empowering CPAs and future CPAs to lead and support sustainable economies and communities.

Mandate

  • CPABC ensures its students and members are appropriately regulated, informed and educated about what matters to the profession and society.

Values 

  • Integrity l Inclusivity l Forward-Thinking l Social Responsibility

Objectives

  • to promote and maintain the knowledge, skill, and proficiency of members and students in the practice of accounting
  • to establish qualifications and requirements for admission as a member and continuation of membership, and for enrolment and continuation of enrolment of students
  • to regulate all matters, including competency, fitness and professional conduct, relating to the practice of accounting by members, students, professional accounting corporations and registered firms
  • to establish and enforce professional standards
  • subject to protecting the public, to represent the interests of members and students
  • to protect the public interest.