Professional liability insurance

Since April 1, 2013, membership to the Order's group professional liability insurance plan is mandatory for all CPAs. The Règlement sur l’assurance de la responsabilité professionnelle des membres de l’Ordre des comptables professionnels agréés du Québec is in force.

For further details, consult the policy [PDF].

Excess liability insurance

Furthermore, a regulation provides that members who practice the CPA profession as defined in the Chartered Professional Accountants Act within a limited liability partnership (LLP) or a joint-stock company (JSC) are required to take out an additional insurance coverage to cover possible professional faults, in addition to the compulsory insurance for all CPAs.

For more details, go to the CPA requirements section.