Update on CPA Alberta and the CPA Profession in … · CPA Alberta will understand the impacts of...

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10/12/17 1 Update on CPA Alberta & the CPA Profession in Alberta 34 th Annual CPA Small Practitioners’ Forum October 19 th , 2017 Banff, Alberta Larry Brownoff, CPA, CA Director, Professional & Career Services Topics Review of CPA Alberta’s Vision, Mission, and Mandate Overview of the new five-year 2017-2022 Strategic Plan Areas of focus for 2017-2018 Overview of CPA Alberta’s national work Overview of CPA Alberta member services and initiatives Overview of regulatory programs Member demographics CPA Education Foundation Questions VISION To be the pre-eminent, internationally recognized Canadian accounting designation and business credential that best protects and serves the public interest. MISSION To protect the public interest by educating and regulating the competency and ethical standards of its members, and promoting the value of the CPA designation.

Transcript of Update on CPA Alberta and the CPA Profession in … · CPA Alberta will understand the impacts of...

Page 1: Update on CPA Alberta and the CPA Profession in … · CPA Alberta will understand the impacts of disruption on the CPA profession, ... accounting education opportunities and those

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UpdateonCPAAlberta&theCPAProfessioninAlberta34th AnnualCPASmallPractitioners’ForumOctober19th ,2017Banff,Alberta

LarryBrownoff,CPA,CADirector,Professional&CareerServices

Topics

• Review of CPA Alberta’s Vision, Mission, and Mandate• Overview of the new five-year 2017-2022 Strategic Plan• Areas of focus for 2017-2018• Overview of CPA Alberta’s national work• Overview of CPA Alberta member services and

initiatives• Overview of regulatory programs• Member demographics• CPA Education Foundation• Questions

VISION

To be the pre-eminent, internationally recognized Canadian accounting designation and business credential that best protects and serves the public interest.

MISSION

To protect the public interest by educating and regulating the competency and ethical standards of its members, and promoting the value of the CPA designation.

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FulfillingCPAAlberta’smandate• The CPA profession in Alberta is regulated by the Chartered

Professional Accountants Act, which establishes CPA Alberta and delegates regulatory responsibility to us

• Our mandate under the Act is to: • to protect the interest of the public;• to protect the integrity of the profession governed by this Act;• to promote and increase the competence of registrants; and• to regulate the conduct of registrants.

Newfive-yearStrategicPriorities(2017-2022)

Strategic Priority #1: Protect the Public

CPA Alberta will continue to fulfill its mandate to protect the integrity of the profession, to promote and increase the competence of registrants and to regulate the conduct of registrants.

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Strategic Priority #2: Understanding the Alberta Landscape

CPA Alberta will have a solid and broad comprehension of the forces shaping Alberta today and in the near future. With that comprehension, the profession can best ensure that it and its members remain relevant, valued and in fact essential to the province.

Strategic Priority #3: Dealing with Disruption

CPA Alberta will understand the impacts of disruption on the CPA profession, and implement strategies to respond positively to those impacts.

Strategic Priority #4: Achieving Smart Growth

CPA Alberta will gain an understanding of the emerging needs for CPAs in the marketplace and set growth strategies to meet these needs.

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Strategic Priority #5: Maintaining Fiscal Accountability

CPA Alberta will maintain and demonstrate fiscal accountability.

MovingForwardAreasoffocusfor2017/18

• Continuing to ensure that regulatory obligations are fully met

• Complete research and planning around the five strategic goals

• Strengthening the CPA brand in the business sector• Ensure Alberta perspectives are represented at national

and interprovincial levels of the profession

OverviewofCPAAlberta’snationalwork

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OverviewofCPAAlberta’snationalworkAlberta represented on:

• Council of Chief Executives (Rachel Miller – Chair)

• Professional Education Management Committee

• Branding Committee • Member Engagement

Committee • Professional Learning &

Development Strategy Committee

• International Qualifications Appraisal Board

Responsetoproposedfederaltaxchanges

• Led by CPA Canada• Input from CPAs across the country • Submission to Government of Canada stating that proposals

contrary to public interest

CPAAlberta—nowaccessibleallovertheprovince!

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• A full suite of competitively-priced, professionally-delivered, high-quality seminars that help you achieve your PD goals

• Developed by experts on topics ranging from technical competencies to professional and personal skills

ProfessionalDevelopment

pdcatalogue.cpaalberta.ca

Professional&CareerServices• Referrals and information on a broad range of topics including

independence, conflict of interest, succession planning, accounting and assurance standards, and many more

• Advice and support to help develop your career, skills, and networking opportunities

MemberEngagement• Invest your time, energy, and resources in mentorship and

networking activities• Volunteer your expertise and knowledge• Make use of the profession’s affinity benefit program

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CPAAssist

• Provides confidential 24/7 counselling to Alberta CPAs, candidates, and their immediate families

• Addresses issues related to mental health, addictive behaviors, substance abuse, and other personal and professional issues

PracticeReview

ConductandDiscipline

Number of complaints in fiscal 2016/17: 72

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PracticalExperience(PE)

AlbertaCPAs:bythenumbers

Number of Alberta CPAs (as of June 30, 2017): 28,575

AlbertaCPAs:bythenumbers

14,861535

7,977222420

80208562452

1,897281571508

0 2000 4000 6000 8000 10000 12000 14000 16000

CalgaryCentralAlberta

EdmontonGrandPrairieLethbridge

LloydminsterMedicineHat

NorthernAlbertaRedDeer

RestofCanadaSouthernAlberta

UnitedStatesInternational

Membersbygeographicallocation

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AlbertaCPAs:bythenumbers

5 171689

1,853

3,991

5,370

7,191

9,305

0

1000

2000

3000

4000

5000

6000

7000

8000

9000

10000

1940s 1950s 1960s 1970s 1980s 1990s 2000s 2010-2017

Membersbydesignationyear

AlbertaCPAs:bythenumbers

Male

55%

Female45%

Membersbygender

Male Female

AchievementAwardnominations

Nomination deadline is October 31. Visit cpaalberta.ca/awards

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Elevate2018

StayConnected!

fb.me/cpaalberta

@CPA_AB

#CPAAlberta

CPA Alberta Member Group

CPAEducationFoundation

Mission: The CPA Education Foundation positively impacts accounting education opportunities and those who inspire and develop future Alberta CPAs

Vision: Fostering learning excellence for future Alberta CPAs

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CPAEducationFoundation

TheCPAEducationFoundationSupportforstudents&youngprofessionals“ReceivinganawardfromtheCPAEducationFoundationhasvalidatedthemanybenefitsofvolunteeringandgivingback.Italsomakesmefeelproud,confidentandexcitedaboutmyfutureasIembarkonmyjourneytobecomingaCPA.”

“Theimpactthesedonationshaveonstudentsistremendous,anditreallydoeshelpusfurtheroureducationandachieveourdreams.Iamincrediblyprivilegedandluckytobetherecipientofthisaward.”

“ThesupportIhavereceivedfromtheCPAEFhasbeenpivotalinmysuccessasastudent.Thefinancialsupportisimportant,andveryvaluableasastudentpayingmyownway,butthefeelingofbeingrecognizedbysuchaprestigiousgroupisinvaluable.”

“Ithinkempoweringthenextgenerationofbusinessleadersandaccountantsisaverygenerousandimportantthingtodo.IhopethatIcanmakeyouproudandIalsohopetobeabletogivebacktotheFoundation.”

TheCPAEducationFoundationNoLimitsInitiative

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THANKYOU!

[email protected]