Industry committee  Let me answer it this way. Saskatchewan at the moment does not regulate public accounting at all. They have no legislation governing public accounting. So anyone may do public accounting there, whereas in Ontario, it has been regulated at an international standard. So within Sa

Industry committee  I'm a little hesitant to get into that, because I'm sure the CGAs would come back with a response that would disagree with me. I would tell you that all the components of both the CA qualification requirements and the CGA requirements, which include professional program requireme

Industry committee  It isn't in Ontario.

Industry committee  No. Bill C-4 says it allows them to do it in any province in which the provincial legislation allows them to do it.

Industry committee  I don't think it is the organization itself that would suffer, but the third parties who would be relying upon or using the audited financial statements of that organization. The concern there is that whether you're a for-profit organization or a provincially established not-for-

Industry committee  I guess I'll respond to that. Really, the issue is not about which accounting designation gets to do what services. It really is a question of standards. The legislation governing public accounting in Ontario and Quebec says that if you're a member of any of the three accounting

Industry committee  I'll respond to that as well. Our concern is that those federal acts are inconsistent with the applicable provincial legislation, in terms of who may provide those accounting services, that is, the audit and review engagements within those sectors. Our concern is that within a

Industry committee  We believe that our submission clearly demonstrates the importance of retaining clause 181 as contained in Bill C-4. If paragraph 181(1)(b) were deleted, the right to perform audits or reviews of federally incorporated not-for-profit corporations would be given to some practition

Industry committee  Thank you. As Elly has noted, our comments today focus on clause 181 of Bill C-4, which deals with the qualifications of a public accountant. By way of background, in addition to requiring that a public accountant be a member in good standing of an institute or association of ac