As the Order’s 10-year anniversary approaches, the profession will soon take the final step in its transition to a single CPA designation.
CPA Québec

CPA NEWSLETTER

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100% of CPAs will soon be 10% CPA 100% of CPAs will soon be 10% CPA

A single CPA designation

A new era for the profession
As the Order’s 10-year anniversary approaches, the profession will soon take the final step in its transition to a single CPA designation. 

As required under the Chartered Professional Accountants Act, the transitional provision specifying that holders of a permit to practise issued by a legacy order (CA, CGA or CMA) use the CPA designation with their legacy designation will soon cease to apply.  

Starting May 16, 2022, all Quebec CPAs will use the CPA designation only, with no mention of their legacy designation. Members will have until September 1, 2022, to update their email signatures, stationery and advertising accordingly.
FIND OUT HOW TO USE YOUR DESIGNATION IN YOUR SIGNATURE
 

The profession in a few clips…
To celebrate the Order’s 10-year anniversary, we have a few fun video clips that show a snapshot of our profession’s diversity and evolution. To get you started, here are the first three in the series, highlighting some rather interesting facts! The full nine-video series will be shared on Facebook as of May 16.
16% growth - 100% CPA
 
Since 2012, the number of CPAs in Quebec has risen from 35,600 to 41,200, which is nearly 20% of all CPAs in Canada.
VIEW CLIP (in French only) >
44% in industry - 100% CPA
 
26% of CPAs work in public practice and 17% in the public sector, percentages that are just about the same as they were in 2012.
VIEW CLIP (in French only) >
0,01% Olympians - 100% CPA
 
For Alexandre and Mathieu Bilodeau, Mathieu Bois, Philippe Metellus and Serge Tremblay, being a CPA and an Olympian is a winning combination.
VIEW CLIP (in French only) >

NEWS

Continuing education: Will you meet the requirements by August 31?
Need a hand planning your training activities to finish your minimum number of hours required for the year and for the rolling three-year reference period ending August 31? Read our tips for making the most of the next few months and track your hours in your education summary.

Keep in mind that you must accumulate an overall minimum of 120 hours of continuing education (including 4 hours on professional ethics) in a three-year period, and a minimum of 25 hours between September 1 and August 31 of every year.
READ OUR TIPS FOR MEETING THE REQUIREMENTS
 
SEE WHERE YOU STAND
 

Elections | Join the Board of directors of the Order!
In June, members in the following electoral regions will electronically elect three new directors:
  • Capitale-Nationale/Chaudière-Appalaches (1 director) 
  • Montreal (1 director) 
  • Outaouais/Abitibi-Témiscamingue/Nord-du-Québec (1 director) 
Do you practise in one of these regions? This is a great opportunity to be at the heart of the key initiatives and decisions shaping your profession. Interested members have until 4:00 p.m. on May 16 to stand for election.
SUBMIT YOUR CANDIDACY NOW

EXPERT ADVICE AND RESOURCES

Important message – 2021–2022 accountability rules from the Ministère de la Famille
On April 12, 2022, the Ministère de la Famille published accountability rules for entities in the educational childcare services network. The content of the final rules was amended from the initially communicated rules that were presented during the CPA Order’s training activities and published in the training materials and audit programs for the network.

Members of the Order’s working group on the educational childcare services network are currently analyzing the implications of this recent publication.

Please note that everyone who participated in the training activities or purchased the programs and tools from the Order will be informed of the implications of the amended rules.

We apologize for the inconvenience caused by this situation, though it is outside of our control.
VIEW THE RULES (in French only)
 

Changes to the reports to be produced when entering financial data for La Financière agricole du Québec (FADQ)
If you are required to produce this type of report for the FADQ, see the changes brought by the new standard on compilation engagements (CSRS 4200).
DOWNLOAD THE REPORT TEMPLATES (in French only)
 

Not-for-profit (NFP) governance fundamentals: Board basics for the NFP director
Are you a new member of an NFP board of directors or planning to join one soon? CPA Canada has published a guide to help you get the knowledge you need to fulfil your new role.
VIEW THE GUIDE
 

Publication of the regulation respecting target benefit pension plans
The Regulation amending the Regulation respecting supplemental pension plans was published on March 30 and will enter into effect on April 14, 2022. 

This regulation allows the application of the provisions of the Supplemental Pension Plans Act introduced by the Act mainly to allow the establishment of target benefit pension plans.
VIEW THE REGULATION AND REGULATORY IMPACT ANALYSIS (in French only)
NEWS
Discover more articles
 
EXPERT ADVICE AND RESOURCES
View all the published articles
 
YOUR FILE
View your file
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