Nine B.C. public auditors hammered by U.S. regulator

Each year, provincial lawmakers gather in Victoria with the organization that regulates B.C. accountants and last April was no different, with a breakfast hosted by then-newly appointed Minister of Post-Secondary Education and Future Skills Lisa Beare.

Beare’s ministry is tasked with overseeing the Chartered Professional Accountants of British Columbia (CPABC)—the training, licensing and regulatory body for the province’s 40,000 CPAs and 6,000 CPA candidates and students.

In March, CPABC had proposed an amendment to the Chartered Professional Accountants Act, the profession’s enabling legislation, to add “protection of the public interest” to its legislated objectives.

The amendment was not only to align the act with other professional regulatory bodies—it was

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