Merger Update - Frequently Asked Questions
CGA-BC is pleased to provide answers to Frequently Asked Questions that members may have about the coming merger and the creation of the Chartered Professional Accountants of BC (CPABC). This FAQ will be updated as new questions come in to us.
CGA-BC Offers Practitioners Personal Counselling Services
Practitioners are frequently regarded as the “face of CGA” and it is therefore important that they function at the highest professional level. At the same time, public practice can be an extremely stressful occupation. The stress of practice can sometimes be exacerbated by personal issues such as family concerns, health problems or substance dependency.
As you may recall, the national Professional Liability Insurance program used to include a personal support component. This was discontinued a couple of years ago. CGA-BC has decided to reinstate a personal counselling service and has retained Family Services Employee Assistance Programs (FSEAP) specifically for the use of practitioners who can benefit from personal counselling on a totally confidential basis. The service is available at no cost to you for six sessions each calendar year.
Learn More at Personal Counselling.
New Discussion Board Launches: PeerTalk
CGA-BC members have a new online resource—their peers. CGA-BC has added a discussion board, PeerTalk, for members to share queries and answers on professional issues.
PeerTalk’s initial forums have been focused on our public practitioners with three forums: tax, practice management, and accounting.
Members are required to log in (using their existing CGADirect password) and they will be identified in the discussion groups by their first (preferred) name and last names. Moderating the real-time comments will be Don Goodison, FCGA.
To access the discussion board, click on the PeerTalk button found on the right of this screen. Subscriptions to PeerTalk are available via RSS feed or email.
Guidance Bulletin for Practitioners – Using or Acting as a Third-party Service Provider
CGAs have a responsibility to comply with professional standards for all professional services performed in their firm’s name. Of particular importance are the requirements of the CGA Code of Ethical Principles and Rules of Conduct as well as federal and provincial privacy laws that govern the treatment of personal information, CGA-Canada’s Public Practice Manual and the CICA Handbooks.
The CGA-Canada Guidance Bulletin outlines the key issues that arise when using or acting as a third-party service provider. It provides assistance to practitioners who use service providers, such as contractors, in delivering professional services to their clients.
The Guidance Bulletin "Using or acting as a third-party service provider" is an extract from the CGA-Canada Public Practice Manual, Practitioner Advice, Guidance Bulletins © 2005 CGA-Canada. Reproduced with permission.
What’s in a Name? A Guideline for Practitioners on the Use of Firm Names
When choosing a name for your public practice firm, it is required that the firm name clearly indicates the nature of the business structure; i.e., whether the firm is a sole proprietorship, general partnership, LLP or part of a network firm. This guideline discusses the correct use of the plural in firm names, what to avoid when marketing a single-owner firm that is part of a network, and examples of appropriate firm names for different ownership structures. See the Guideline.
New Member Advisor Appointed
As part of our culture of ethical support, CGA-BC appoints a Member Advisor, someone who can have protected confidential discussions or act as a “sounding board” for members or students who find themselves in situations of potential ethical concern. Recognizing the fact that this role presents unique challenges, CGA-BC has taken the important step of appointing a member of the Law Society of BC as the Member Advisor for members and students needing ethical advice relating to our Code.
Learn about the role of the Member Advisor and how to contact him.