Protecting the Public
Under the Chartered Professional Accountants Act, CPABC has the responsibility to regulate all matters, including competency, fitness and professional conduct, relating to the practice of accounting by members, students, professional accounting corporations and registered firms; CPABC is also required to establish and enforce professional standards.
CPABC protects the public interest by:
- setting and enforcing high professional and ethical standards
- promoting and increasing competence of members by providing a comprehensive program of ongoing professional development
- assessing the continuing competency of members
- enforcing practice standards and rules of professional conduct of students and members
- providing a means by which complaints can be dealt with in a fair and efficient way by investigating and adjudicating complaints