CPA Ontario governing documents include: the Chartered Professional Accountants of Ontario Act, 2017, our By-law and Regulations, the CPA Code of Professional Conduct and the Student Code of Conduct.
The new CPA Ontario Act was passed in May 2017. As a result, we undertook a comprehensive review of our By-law and Regulations to align them with the new Act and ensure they reflect regulatory best practices. We simplified the language and re-ordered sections for better flow, to make it easier for members to understand and comply with their obligations. We also incorporated amendments that support and facilitate our impending technology upgrades for members and students.
At the September 21 Annual General Meeting, the new By-law was approved by the membership, and Council passed corresponding changes to the Regulations. The new governing documents replace the former versions, except for the CPA Code of Professional Conduct, which remains unchanged.
These new governing documents take effect on November 19, 2018. Changes to the Continuing Professional Development (CPD) Regulation, however, will not take effect until January 1, 2019.
Below, you will find highlights of key changes listed by sections relevant to members, students, and firms. Click on the sections relevant to you and review the links for additional information.