CPA Canada and CIIPA host ethics event
Session focused on the importance of ethics to accountants
Both the Chartered Professional Accountants of Canada (CPA Canada) and the Cayman Islands Institute of Professional Accountants (CIIPA) recognize the important role that ethics plays not only within the profession, but also in the business community. That is why the two organizations partnered to present a special, two-hour session devoted to the topic of ethics and business last week.
“I would like to thank our volunteer-led Training Committee for initiating this partnership with CPA Canada. The event was incredibly well-received with more than 130 attendees,” noted Sheree Ebanks, CEO of CIIPA. “Our working with CPA Canada benefits both of our memberships and, ultimately, the clients and employers they serve.”
“Ethics are at the heart of our profession,” explains Nancy Foran, CPA Canada’s Vice President, International. “Ethics are increasingly critical in today’s ever-evolving economy where accountants play an important role in safeguarding public trust.”
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CPA Canada, both directly and through its chapters, is committed to supporting its membership throughout the Caribbean. And while local activities will fall under the responsibility of CPA Canada directly, all members of CPA Canada are required to be members of an organization member (i.e. a provincial or territorial CPA body in Canada). For this reason, members residing in Barbados and throughout the Caribbean may find their individual memberships being held with a number of provinces or territories within Canada.
Every effort is made to harmonize policies across the CPA provincial and territorial bodies; however, some differences will exist in certain areas that may include the reporting of Professional Learning and Development (PLD), updating your personal information, membership dues billing and the issuance of your new CPA certificate. Given this, all inquiries of this nature relating to your individual membership will need to be directed to your provincial CPA body where your membership is held.
One issue that has been raised by members concerns the status of new CPA certificates. For this, and all related matters, members will need to contact their provincial CPA body (i.e. CPA British Columbia, CPA Ontario, CPA Nova Scotia, etc.) on an individual basis to inquire as to the status of the new CPA certificate and determine what next steps are required.
CPA Canada receives formal recognition in the Bahamas
The Bahamas Institute of Chartered Accountants (BICA) now recognizes CPA Canada as an approved professional body. The BICA Act provides terms and conditions for qualified CPA Canada professionals based in the Bahamas to apply for membership and for the issuance of a license to practice public accounting.
BICA joins the other institutes from the region who have previously recognized CPA Canada, including:
- Institute of Chartered Accountants of Barbados (ICAB)
- Institute of Chartered Accountants of the Eastern Caribbean (ICAEC)
- Institute of Chartered Accountants of Guyana (ICAG)
- Institute of Chartered Accountants of Jamaica (ICAJ)
- Institute of Chartered Accountants of Trinidad and Tobago (ICATT)
While members intending to hold a public accounting license (i.e. a practicing certificate) are required to register and become members in their local Institute, CPA Canada encourages all members to seek membership in their local Institute. For information on becoming a member in ICAB, please contact the Secretariat or reach out directly to Reginald Farley, executive director of ICAB.