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PRESIDENT’S MESSAGE

As Registered Professional Accountants (RPAs), we recognize the importance of delivering exceptional value to our clients while maintaining transparency and fairness in our pricing. We understand that discussions about pricing can sometimes be uncomfortable, especially when navigating the diverse needs of our clientele.

We take pride in providing tailored accounting solutions that address the unique requirements of each client. Whether it’s financial reporting, tax planning, or related services, our team of RPAs is equipped to manage a wide range of accounting, finance, and business complexities.

We understand that our clients entrust us with their financial well-being, and we take this responsibility seriously. Our commitment to the RPA designation goes beyond simply offering services; it reflects our dedication to ethical practices and the use of our expertise to help individuals and businesses achieve their financial goals.

While pricing discussions may not be the most enjoyable aspect of our profession, we believe that transparency, fair pricing, and clarity are essential in building trust with our clients. By openly discussing our pricing structure and the value of our services, we aim to empower our clients to make informed decisions about their financial future.

Finally, I would like to express my sincere gratitude to all the members of the RPA Professional Practice Committee, especially Mr. Joseph Morgado, Chair of the Committee, for their contributions to the development of this report. I also extend my thanks to the RPA office staff and Board, whose ongoing support and feedback have greatly influenced the content and direction of this report.

ZUBAIR CHOUDHRY
President & CEO

 

Download the Price Guideline Here

Verification of Practice for RPA Members

The “Verification of Practice” is a critical process implemented by the Registered Professional Accountants (RPA) to ensure that all members adhere to the highest standards of professional conduct and competency. This process serves several key purposes:

Protection of the Public:

The primary goal of the Verification of Practice is to safeguard the public by ensuring that all RPA members maintain the integrity, skills, and ethical standards required of professional accountants. This process helps ensure that members provide services that are accurate, reliable, and in compliance with applicable laws and regulations.

You can now verify Practitioners, Members, Academic, and Student Members on our website.

The RPA Code of Professional Conduct outlines in detail the general and specific responsibilities of members concerning fair non-assurance financial reporting, business practices, transparency, and accountability. These duties are owed to clients, the profession, and the public.

All members are responsible for ensuring compliance with the Ethics Code, not only for themselves but also for those under their supervision. This responsibility extends to adherence to the standards set by the Society of Professional Accountants of Canada (SPAC) and the Canadian Institute of Accredited Public Accountants (CIAPA).

The RPA Professional Code of Ethics came into effect on November 18, 2021, replacing the previous Professional Code of Conduct and Ethics interpretations.

The Code is founded on the following fundamental principles of ethical and honorable conduct:

These principles are the hallmarks of the RPA Code and are vital to the conduct of all Registered Professional Accountants globally.

Download the Professional Code of Ethics 

The Society of Professional Accountants of Canada (RPA Canada) offers the Certified Accounting Practitioner (CAP) Program, a comprehensive pathway for accounting professionals seeking a recognized and practical certification. This program is designed to strengthen credibility, provide practical expertise, and prepare practitioners to thrive in today’s dynamic accounting and business environment.

Why Become a Certified Accounting Practitioner?

Program Structure

The Professional Practice Pathway (PPC) consists of:

  1. Training Courses – Eight mandatory virtual/online courses:
    • Compilation Report Basics
    • Compilation Engagements
    • Pro-forma Financial Statements & Projections
    • Bookkeeping/File Management & Cybersecurity
    • Ethics & Professional Code of Conduct
    • Basics of Review Engagements
    • Basics of Audit Engagements
    • Professional Communication & Correspondence
  2. Evaluation – Submission of Case Studies A & B for review.
  3. Accreditation – Certification as an RPA Accounting Practitioner.
  4. Practice Review – Ongoing compliance with professional standards.

Additionally, candidates must complete:

Requirements to Become an RPA Practitioner

    1. RPA Membership in good standing.
    2. Completion of all required education and training.
    3. Minimum of 5 years of practical public accounting experience.
    4. Adherence to the RPA Code of Ethics.
    5. Ongoing CPD (Continuing Professional Development).
    6. Participation in public protection compliance and practice reviews.

Download Practitioner Pathway Brochure

Please note that you must be an RPA member and complete the PPC Program before submitting this application.