Latest news Successful launch of the CPA Canada Barbados chapter Reinforcing our commitment to the continued growth and success of our members, students and the greater local accounting community, we were delighted to host the inaugural gathering of our chapter members on June 2 at the Marriott Barbados. Chapter chair Oliver Jordan, CPA, CA, started the evening by welcoming over 130 of our 457 active members, explaining, “Our chapter plays a key role in helping CPA Canada remain in contact with professional accountants and other stakeholders in the region. It is important for CPA Canada to hear directly from its Caribbean members and to maintain a significant presence in the region.” Nancy Foran, vice-president, International (Americas), was in attendance and provided an overview of the priorities for the coming year that included: raising awareness of the CPA brand and developing partnerships in the academic, professional and employer communities supporting our chapter board and assisting in our efforts to provide professional learning and networking opportunities launching CPA Canada’s award-winning financial literacy program in the Caribbean region She also explained the impact that technology, changing demographics, the need for greater transparency and accountability in the public sector and globalization are among the issues facing the accounting profession going forward, and reinforced CPA Canada’s commitment to stay ahead of these trends to better serve the needs of all Canadian CPAs. Opportunity: Session leaders for CPA Canada’s Professional Education Program (CPA PEP) The Canadian CPA pre-certification program is a graduate-level program comprised of a series of six modules that focus primarily on enhancing the ability to apply professional knowledge, values, ethics and attitudes in a professional context. Learn more about the CPA Certification Program. To ensure CPA Canada is able to meet the needs of its students and the demands that result from increased student enrollment, CPA Canada is seeking to identify qualified applicants to join the pool of session leaders for the program being delivered in Barbados and across the region. Some sessions begin as early as this August! The primary responsibility of the session leader is to prepare for and conduct a two‐day, in-class workshop using materials and a structured approach that has been developed by CPA Canada. There is also a requirement to attend a training session that will be offered in person or through distance delivery means. Interested CPAs are encouraged to submit a cover letter and resume to program coordinator, International at CPA Canada. Provincial affiliations CPA Canada, both directly and through its chapters, is committed to supporting its membership throughout the Caribbean. And while local activities will fall under the responsibility of CPA Canada directly, all members of CPA Canada are required to be members of an organization member (i.e. a provincial or territorial CPA body in Canada). For this reason, members residing in Barbados and throughout the Caribbean may find their individual memberships being held with a number of provinces or territories within in Canada. Every effort is made to harmonize policies across the CPA provincial and territorial bodies; however, some differences will exist in certain areas that may include the reporting of Professional Learning and Development (PLD), updating your personal information, membership dues billing and the issuance of your new CPA certificate. Given this, all inquiries of this nature relating to your individual membership will need to be directed to your provincial CPA body where your membership is held. One issue that has been raised by members concerns the status of new CPA certificates. For this, and all related matters, members will need to contact their provincial CPA body (i.e. CPA British Columbia, CPA Ontario, CPA Nova Scotia, etc.) on an individual basis to inquire as to the status of the new CPA certificate and determine what next steps are required. CPA Canada receives formal recognition in the Bahamas The Bahamas Institute of Chartered Accountants (BICA) now recognizes CPA Canada as an approved professional body. The BICA Act provides terms and conditions for qualified CPA Canada professionals based in the Bahamas to apply for membership and for the issuance of a license to practice public accounting. BICA joins the other Institutes from the region who have previously recognized CPA Canada, including: Institute of Chartered Accountants of Barbados (ICAB) Institute of Chartered Accountants of the Eastern Caribbean (ICAEC) Institute of Chartered Accountants of Guyana (ICAG) Institute of Chartered Accountants of Jamaica (ICAJ) Institute of Chartered Accountants of Trinidad and Tobago (ICATT) While members intending to hold a public accounting license (i.e. a practicing certificate) are required to register and become members in their local Institute, CPA Canada encourages all members to seek membership in their local Institute. For information on becoming a member in ICAB, please contact the Secretariat or reach out directly to Reginald Farley, executive director of ICAB. Enhancing public sector financial management in the Caribbean CPA Canada is keenly interested in financial management and the role of financial advisors within the public sector. It is for this reason it was pleased to have participated in the recent roundtable on public sector reform (Nassau, April 12-14, 2016) hosted by the ICAC, World Bank and the International Federation of Accountants (IFAC) in collaboration with the Government of the Bahamas. CPA Canada works closely with the Chartered Institute of Public Finance and Accountancy from the United Kingdom through a Memorandum of Understanding (MOU), thereby expanding the capacity of both organizations. CPA Canada looks forward to its continued working relationship with the ICAC and its member bodies in efforts to enhance public sector financial management across the region. CPA Canada supports Grenada’s inaugural Accountancy Week CPA Canada supported Grenada’s inaugural Accountancy Week as hosted by the Grenada Branch of the Institute of Chartered Accountants of the Eastern Caribbean (ICAEC) earlier this month. Awards were presented to Grenadian accountants who contributed to the development of the profession. CPA Canada was pleased to have been a sponsor of these awards featured during the Week’s Gala Dinner and Award Ceremony. CPA Canada remembers Kean Springer CPA Canada remembers and salutes Kean Springer who passed away last month. Mrs. Springer helped shape the accounting profession across the Caribbean while serving as the director of administrative services of CGA Barbados. She had complete oversight for the CGA program in the region from the 1980s to 2000 and strongly supported the interests of her students. Many Canadian CPAs today owe their success to Kean Springer's motivation and passion. CPA Canada offers its condolences to Mrs. Springer’s family, friends and colleagues. CPA Canada preference centre: An easy way to manage your communications The preference centre lets you select topics and interests you want, and control how you receive communications from CPA Canada. It’s fast and easy! Get only the content you want CPA Canada has a wealth of research, products and services that can enhance your career and bring leading edge news and information straight to your inbox. By using CPA Canada’s preference centre you will have full control and be able to personalize the content and the quantity you want to receive from your national CPA body. You have the power to: choose the topics you’re interested in (Taxation? Strategy? Audit and Assurance? Leadership? There is more – select any or all) choose the kind of communications you prefer (Enewsletters? Blogs? Event updates?) reduce the amount of email landing in your inbox Updating your preferences is easy Visit the My Account section of the CPA Canada website to ensure your communication preferences are up-to-date or take a moment to revise them. Once you have identified your interests and subscriptions you will be on your way to receiving the information you want, when and how you want it. News items for chapter newsletters We will aim to issue quarterly newsletters that focus on local content. All members are encouraged to submit items of interest for inclusion in an upcoming newsletter.