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Are you a professional looking for valuable volunteer experience? Do you love problem-solving and using strategic and critical thinking to give advice and resolve issues? Are you not a current or former CPA? If you’re nodding yes, then we have the perfect volunteer opportunity for you. CPA Alberta is looking for a member of the public to serve on the Practice Review Committee (PRC). About the Practice Review Committee: The Practice Review Committee (PRC) is established under the CPA Act. After each practice review, the Practice Review Committee determines whether each professional accounting practice or public accounting practice that is the subject of practice review complies in whole or in part with the rules of professional conduct and practice standards. In addition, the PRC: • advises the CPA Alberta Board on relevant strategy, risk, and policy matters; • establishes education and experience qualifications to be met by practice reviewers; • annually reviews and approves a practice review checklist; • establishes standard guidelines respecting the frequency with which practice review and follow-up practice reviews are to be conducted; • establishes guidelines respecting practice reviews; and • ensures procedures, policies, delegation of authority, and conditions of delegation to CPA Alberta staff are documented. The role of the Public Member is to: • ensure professional governance activities for CPA Alberta are conducted in a manner that protects the public; • contribute an independent and objective perspective that is external to that of the members of CPA Alberta. Criteria: The Terms of Reference for the PRC provides that the Committee include one person who is not a CPA or a former CPA to serve as a member of the PRC (the Public Member). In fulfilling the responsibilities of preparing for, attending at, and participating in PRC meetings, the Public Member will demonstrate the following competencies and skills: • Professional, volunteer and/or non-profit experience that is relevant and valuable to the PRC. Specifically, being a frequent user of financial statements over a broad range of entities and having a familiarity with accounting standards; • Having an understanding of the role of a public member and how that role is unique within the context of a professional regulatory organization like CPA Alberta. Knowledge or experience related to regulatory processes is an asset; • An appreciation and understanding of the responsibility and accountability that CPA Alberta has to govern their members to protect the public; • Well-developed analytical, problem solving, and strategic and critical thinking skills; • Communication and interpersonal skills with a common sense approach, sound judgement, and reputation for demonstrating integrity, accountability, adaptability and excellence; and • An appreciation of the need for confidentiality and sensitivity. Term: Committee members are appointed by the CPA Alberta Board to serve for a term of three years and may be reappointed up to a maximum of two terms by the Board. Time Commitment • The Committee meets seven times per year, and each meeting lasts approximately 3 hours. • Prior to each Committee meeting, 3 subcommittee meetings are held with 2-3 members on each. These subcommittee meetings last approximately 1.5-2.5 hours. • Outside these meetings, there is approximately half a day preparation time. • Meetings are held either in Red Deer or via videoconference in the Edmonton and Calgary CPA Alberta offices.
Skills Required: Well-developed analytical, problem-solving, and strategic and critical thinking skills; communication and interpersonal skills with a common-sense approach, sound judgement, and reputation for demonstrating integrity, accountability, adaptability and excellence; and an appreciation of the need for confidentiality and sensitivity.
The public member receives a $150 honorarium for each meeting attended.