News from CGA-Canada
FROM: NOV-DEC 2003 ISSUE
Ontario CGAs Celebrate Government Announcement
A new system of self-regulation for public accountants in Ontario, including a reconstituted Public Accountants Council (PAC) with CGA representation, was announced by the Ontario government on August 29.
The PAC will consist of four chartered accountants, two certified general accountants, and two certified management accountants to be appointed by the accounting bodies. The council will also include seven public members, including the chair, to be appointed by the government.
The PAC will no longer grant public accounting licenses directly, but will be an independent supervisory authority over the three accounting bodies – the Certified General Accountants Association of Ontario, the Institute of Chartered Accountants of Ontario, and the Society of Management Accountants of Ontario. The PAC will establish standards of regulation to be adopted by the three accounting bodies, and when they have demonstrated their compliance with the new regulatory standards, the PAC will grant them the authority to issue public accounting licenses directly to their qualified members.
The announcement was welcomed by both CGA-Canada and CGA Ontario. The changes are based on recommendations contained in a report by Ron Daniels, Dean of the University of Toronto Law School, and provide a regulatory regime to correspond to the Justice Statute Law Amendment Act 2002, passed by the provincial government in December 2002.
For background information on this issue, please see the CGA-Canada Web site.
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Member Benefits
New PD Partners
PD Network is pleased to announce a number of new professional development partnerships. The following partners offer programs and discounts for CGAs:
- BCIT Forensic Science Technology Program
The Economic Crime Studies area of the Forensic Science Technology Program offers three options to CGAs interested in entering the growing field of forensic and investigative accounting. Members can choose from the Advanced Specialty Certificate in either Forensic and Investigative Accounting or Forensic Investigation, and the Bachelor of Technology in Forensic Investigation. All three options are delivered online.
- Derivatives Institute
Learn about derivatives at your own pace. The Derivatives Institute offers engaging and interactive online courses on which CGA members receive a 20 per cent discount.
- Foran Financial Institute
Foran is an independent supplier of education services and offers a 10 per cent discount to CGAs on the Certified Financial Planner (CFP) seminar.
- Stalla
Stalla is offering significant discounts to CGAs on products to help them prepare for all three levels of the CFA exam. These include weekly classes, two and three day intensive seminars, online courses, self-studyCD-ROMs, textbooks, software, and flashcards.
- CCH
CCH has launched a new Web site exclusively for CGAs. CCH Webplace is accessible through PD Network, and showcases CCH's vast array of products designed for CGAs. Members are entitled to 15 per cent off many of these products.
Details are available in the Resources section of PD Network at www.cga-pd.net. We encourage you to look through the section, as the discounts and special offerings may be of value to you.
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