THIS AND THAT
CPABC Regulatory Report to the Public
CPABC’s Regulatory Report to the Public outlines
the initiatives and resources launched and
implemented by the organization to ensure that BC
CPAs adhere to professional and ethical standards.
Here is a snapshot of this year’s report.
Where Members Work
In BC, almost half of CPABC’s members
in industry work in small or medium-sized
businesses where they are often the only
designated accountant in the organization.
As at March 31
CPABC member numbers were...
2018
2017
2016
Over the past three years, an
average of 1,125 BC students
graduated annually from the CPA
or legacy programs.
Continuing Professional Development (CPD)
5,140
As at March 31, 2018
students were
pursuing the CPA designation, including 4,851
students in the CPA Professional Education
Program and 289 students in a predecessor
program.
During the fiscal year, 1,579 new
were admitted into the
profession and 744 members left
the profession.
members
Active members are required to
self-report compliance with CPD.
Action is taken against members
who do not comply with the
requirements. This action can result
in suspension or cancellation of
membership.
97%
comply by
deadline
CPABC audits a minimum of 1% of CPD required
reporters annually. Members who do not comply
with the CPD audit process risk being referred to the
CPABC investigation and discipline processes, where
they could have their membership suspended or
cancelled for non-compliance.
During the year ended March 31, 2018
142 members had their memberships suspended
for CPD non-compliance.
26 of the suspended members had their
memberships cancelled.
24 CPABC in Focus • July/August 2018