CGA Manitoba Public Practice Flagship Series

The Public Practice Flagship Series (PPFS) provides technical updates to all members and their staff as well as workshops directed specifically to public accounting firms.

Note: If you plan to register for practice as a sole practitioner or a partner in a designated public accounting firm, these courses are required for registration purposes.




Interested in a Career in Public Practice?

Take control of your own path and explore the opportunities at the Public Practice Information Session and Networking Evening. Annually held in September, this event is open to all CGA members and students who are thinking about entering public practice, looking for potential employment opportunities with CGA firms and those who are considering the idea.

Newly certified CGAs, with appropriate practical experirence, are in demand for senior positions in public accounting firms. As a CGA with public accounting experience, you are in an optimal position to consider partnership opportunities or to commence practice on your own. If you enjoy working with people and have an entrepreneurial spirit, public practice may be the career choice for you.

For information on a career in Public Practice, contact Kristine Kaban, B.A., Manager, Public Practice at the Association office at 204.477.1256, ext. 213, 800.282.8001.

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PPFS Registration Information

There are two ways to register:

  • Online through MyCGA Web Services (click onto Meetings/Events) 
  • Download Printable Regisration Form [PDF], complete and fax to 204.453.7176 
Questions about your registration, special accommodations, etc., please contact Sev Trueman, B.A., Coordinator, Professional Development at 204.477.1256, ext. 223, or 800.282.8001.

CGA Manitoba's Refund Policy

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Schedule of Requirement Seminars/Workshops

Starting Your Own CGA Practice Fall 2012
Practice Administration Issues Fall 2012
Compliation & Review Engagements Fall 2012
Handbook Refresher  (includes GAAP & GAAS Update) Winter 2012
GAAP & GAAS Update Winter 2012
Audit Engagements May 2012

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Seminar/Workshop Descriptions

Starting Your Own CGA Practice

Date: Fall 2012
Time: 9:00 am to 4:00 pm
Presenter: TBD
Location: CGA Manitoba, 4 Donald St S, Winnipeg, MB
Competencies: Practice Management
CPD Hours: Six (6)

The success of your practice depends not only on the quality of
your work, but also on the organization of your office and how
you present yourself and your services to clients. This session will
provide new practitioners, as well as those contemplating a career
in public practice, with valuable information on the various ways
to start an accounting firm. Participants will learn when they are
ready to start their own practice, how to prepare the business plan
and establish their operating policies, and what preparations are
necessary before opening their office.

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Practice Administration Issues

Date: Fall 2012
Time: 9:00 a.m. to 4:00 p.m.
Presenter: Ryan Campbell, B.Comm. (Hons.), C.G.A.
CPD Hours: Six (6)
Competency: Technical Knowledge

Ethical Issues for Professional Accountants
The CGA Code of Ethical Principles and Rules of Conduct (CEPROC) imposes requirements on members engaged in the practice of public accounting beyond those expected in industry or government. Public practitioners must be vigilant in meeting these requirements and fulfilling the role expected of them by society. In this session, you will learn more about your ethical obligations and how to ensure your firm’s compliance.

Civil Penalties
Civil penalties are intended to deter third parties from making false statements or omissions in relation to income tax or GST/HST matters. Section 163.2 of the Income Tax Act (ITA) and Section 285.1 of the Excise Tax Act (ETA) provide for the application of these penalties. Participants will learn how to protect themselves against assessment under either the planner or preparer penalties.

Personal Information Protection and Electronic Documents Act (PIPEDA)
Application of PIPEDA to the accounting profession became effective January 1, 2004, and regulates the collection, use or disclosure of personal information in the course of commercial activities. In this session, you will learn what information is covered in the Act and the guiding principles behind the legislation. You will determine your obligations and learn how to obtain proper consent, to employ safeguards within your firm, and to properly set up a privacy compliance program including the use of proper compliance tools.

Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA)
The PCMLTFA makes it mandatory for accountants and accounting firms to report a variety of transactions to the Financial Transaction and Reports Analysis Centre of Canada (FINTRAC). This session will give you an overview of the Act and your obligations. You will learn how to ensure compliance with this legislation and gain the tools to guide your judgment in meeting the requirements.

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Compilation & Review Engagements

Date: Fall 2012
Time: 9:00 a.m. to 4:00 p.m.
Presenter: TBD
CPD Hours: Six (6)
Competency: Assurance

This session will equip new practitioners with the tools necessary to undertake compilation and review engagements in their practice. Participants in this interactive workshop will learn all aspects of the engagement, from accepting clients’ records to the drafting of financial statements and conducting the client wrap-up meeting. Through case examples and exercises, participants will learn working paper file and financial statement and communication processes. Common problems and ethical dilemmas will be addressed throughout the session exercises.

Highlights

  • Client relations/select the appropriate engagement/accept an engagement/independence issues 
  • Lead sheets/supporting working papers/adjusting entries/organizing the file 
  • Compilation procedures, checklists 
  • Review procedure examples/discussion on financial instruments, measurement uncertainty, and fair value 
  • Quality control considerations 
  • Sample CGA-Canada Public Practice Manual checklists, correspondences, and working papers
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Handbook Refresher

Date: Winter 2012 (1 1/2 Day Format)
Time: 10:00 a.m. to 1:30 p.m. (Day 1) and 9:00 a.m. to 4:00 p.m. (Day 2)
Presenter: Howard Wirch, C.G.A.
CPD Hours: Nine (9)
Competencies: Financial Accounting and Assurance

Accounting and assurance standards are under review in Canada, the Handbook is constantly growing and evolving. In view of the move to international standards, expectations are for continued and frequent revisions to the Handbook. This course is designed to refresh members’ skills in applying and using the Handbook. Participants will become more proficient at researching and retrieving information from the CICA Handbook through problem-solving exercises and group discussion.

Highlights

  • “Why” – current Handbook practices
  • “How” – you can use the Handbook to deal with requirements for financial statement preparation and presentation
  • “What” – are the requirements and how can you make sure that you do not omit or overlook any of them
  • Why you should consider the CD-ROM or online version of the CICA Handbook

Note: The Handbook Refresher is a 1-1/2 day seminar and includes the GAAP & GAAS Update. Members may also register for the GAAP & GAAS update as a one-day seminar.

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GAAP & GAAS Update

Date: Winter 2012
Time: 9:00 a.m. to 4:00 p.m.
Presenter: Howard Wirch, C.G.A.
CPD Hours: Six (6)
Competencies: Financial Accounting and Assurance

Maintaining current knowledge of audit, accounting and financial reporting standards is critical to members offering professional services to the public as well as those responsible for financial reporting functions for their employers. As Canada moves closer to International Financial Reporting Standards (IFRS), CGAs will be relied upon for facilitating this transition. This session will highlight recent changes in standards as well as enlighten participants on technical changes to expect in the future. This session is most relevant to members in small-medium enterprises and in public accounting firms.

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Audit Engagements

Date:  May 2012 - Two Full Days
Time: 9:00 a.m. to 4:00 p.m. daily
Presenter: Betty Thompson, FCGA
CPD Hours: Twelve (12)
Competency: Assurance

Regardless of the size of the organization, you need to be aware of ongoing changes to the professional standards and procedures that guide the performance of every auditing engagement. Although small audits have inherent challenges, it is a common misconception that the professional auditing guidelines are geared strictly to larger audits. During this session, you will understand why and how the same standards apply to all audit work, no matter how large or small. You will also appreciate the need for users of audited financial statements to have assurance that the same quality of work has been applied to each engagement.

Registration will be available with the May PD Forum Brochure available March 2012.

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