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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!
lbrownoff@cpaalberta.ca
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