Regulatory Process
All CGA members must adhere to the Association's
Code of Ethical Principles and Rules of Conduct, which include responsibilities to society and the profession. When these rules are breached, there are processes in place to protect the public interest, other members and the Association. Members committing offences that constitute a breach of professional conduct will be subject to disciplinary action.
Professional Regulation
Under the CGA Act, the Government has granted the legal right to the Association to manage the profession. In return, the Association and its members are to act in the best interests of society, and do so through high standards of ethics, conduct and practice.
In meeting this obligation, CGA Manitoba has distinguished itself through the introduction of innovative policies and procedures:
1973 20 percent lay member representation on CGA Manitoba Board of Governors
1975 Uniform National Code of Ethics
1978 Mandatory Continuing Profession Development
1980 Practice Review requirement for all CGA firms
1980 Mandatory Professional Liability Insurance
1990 Reshaping of Disciplinary Rules (CGA Act 1990)
1996 Harmonization of Practice Entry Standards in Canada
1998 Integration of University Degree for qualification while maintaining open access to the Program of Professional Studies
1999 Professional Corporations
2002 Limited Liability Partnership
2005 International Federation of Accountants compliant Independence Standard
2006 Multi-Designated Firms
2009 Revisions to the Public Practice Entrance and Continuance Standards