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CPAPEI Newsletter FIRST CPAPEI AGM CONTINUING PROFESSIONAL 2 for PRINCE EDWARD ISLAND’S ACCOUNTING PROFESSIONALS SPRING 2016 DEVELOPMENT

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CPAPEI Newsletter FIRST CPAPEI AGM CONTINUING PROFESSIONAL 2 for PRINCE EDWARD ISLAND’S ACCOUNTING PROFESSIONALS SPRING 2016 DEVELOPMENT VOLUME 1 ISSUE 9 INSIDE THIS ISSUE: MEET OUR MEMBERS: 1 UNIQUELY CPA SAVE THE DATE! 1 CPAPEI Newsletter FIRST CPAPEI AGM CONTINUING PROFESSIONAL 2 FOR PRINCE EDWARD ISLAND’S ACCOUNTING PROFESSIONALS SPRING 2016 DEVELOPMENT CPAPEI CODE OF 3 MEET OUR MEMBERS: UNIQUELY CPA PROFESSIONAL CONDUCT MEMBERSHIP RENEWAL: 3 There is no one job description for the role of a CPA. We are sports enthusiasts, entrepre- IMPORTANT DATES neurs, advisors, analysts and more. Globally recognized and respected, the Chartered Pro- 39TH ANNUAL UPEI BUSINESS 3 fessional Accountant designation is your key to a successful career. SOCIETY LUNCHEON MEET OUR MEMBERS: CPAPEI has worked with members to highlight some of the unique positions that our mem- 4 bers hold, and we are sharing them on our website and through social media. UNIQUELY CPA CONTINUED VOLUNTEER WITH CPAPEI 5 Read the stories of CPAPEI members Johnathan Doiron, CPA, CMA, MBA, Chief Financial Officer, Charlottetown Islanders, and Danette Murray, CPA, CGA, Financial Analyst, Strait PROFESSIONAL OPPORTUNITIES 5 Crossing Bridge Ltd., on page 4. CPA ATLANTIC SCHOOL OF 5 BUSINESS INFO SESSIONS MEMBERSHIP CHANGES 6 FEBRUARY 4 - APRIL 7, 2016 MEMBERS IN THE NEWS 6 YOUR CPA PEI EXECUTIVE & BOARD: CHAIRMAN RYAN PINEAU, CPA, CA VICE CHAIR JEAN KIMPTON, FCPA, FCMA SECRETARY/TREASURER DOUG EZEARD, CPA, CA EXECUTIVE COMMITTEE LISA UNDERHAY, CPA, CGA MEMBERS AT LARGE More member stores can be found on our website. BECKY CHAISSON, CPA, CMA DAVID MALLARD, CPA, CA DENISE LEWIS-FLEMING, CPA, CA KAREN STANLEY, CPA, CA KATE O'BRIEN, CPA, CA Chartered Professional Accountants PAULA GALLANT, FCPA, FCGA of Prince Edward Island RODNEY PAYNE, CPA, CGA PUBLIC REPRESENTATIVE First Annual General Meeting SHAWN MURPHY, PC, QC — Friday — CHIEF EXECUTIVE OFFICER September 9th, 2016 TANYA O'BRIEN, CPA, CA CONTINUING PROFESSIONAL DEVELOPMENT What Learning Qualifies as CPD: CPD is learning that develops and maintains professional competence to enable members to continue to perform their professional roles. To be recognized towards your CPD Examples of Verifiable CPD that would requirement the activity shall: qualify: be quantifiable, meaning that it must be specifically Attendance at seminars, formal in-house training, identifiable and be able to be expressed in terms of a non-credit courses, technical study groups or specific time requirement; online seminars with assessment; be directly related to the competencies needed to Attendance at post secondary credit courses and carry on the Member’s employment or practice; equivalent distance education courses; be relevant to the Member’s current professional Teaching or presenting seminars, formal in-house needs and/or long-term career interests; and training or non-credit courses, for the first time contain significant intellectual or practical content. only, unless there is significant change in course content; Teaching post-secondary credit courses, for the first time only, unless there is significant change in course content; Members may now Authoring or critiquing an original article, book, enter CPD in the portal seminar or course that is subsequently delivered as they earn it, rather or published by a third party, for the first time on- than waiting until the ly, unless there is significant change in content; end of the year. Preparation for and passing an exam that does not have a structured study program; Major change in job responsibilities or major in- volvement in special projects; Other: Activities that do not appear in the catego- Verifiable CPD documentation should: ries presented, but which in a member's opinion qualify under the CPD guidelines; Volunteer activities may only qualify if they relate Describe the learning activity; to the definition of CPD learning above. Identify the provider of the activity; Connect the member to the activity; Learning that would not qualify as CPD: Identify when the activity took place; Provide a basis for concluding the number of hours Language training; reported is reasonable. Volunteering in general (see reference above to specific volunteering that does qualify); Teaching (unless it qualifies as above). Page 2 CPAPEI CODE OF 2016/2017 MEMBERSHIP RENEWAL PROFESSIONAL CONDUCT IMPORTANT DATES At its April 7, 2016 meeting, the Board of Directors Membership dues invoices have now been sent to all of CPAPEI passed a resolution to adopt the CPA members via email. Contact the office if you have not Code of Professional Conduct, as developed by the received your invoice. profession and reviewed and updated by the CPAPEI Code of Conduct Committee. Please remember the following dates: Governance Effective April 8, 2016, all members of CPAPEI are Date Event Reference subject to the Professional Code of Conduct. The Code and related guidance are available on our May 31, Dues must be paid. Bylaw 15 2016 Interest of 5% charged on website. For matters related to the Code prior to all outstanding balances April 8, 2016, please contact the CPAPEI office for a after this date. copy of the appropriate Legacy Code. August 31, Suspension Date Bylaw 16 2016 Notified by registered mail We would draw your attention to one change in of impending suspension the Code from the original draft posted—the defi- unless fees are paid within nition of “registrant” on page 13 now includes pro- 30 days. Automatic suspen- sion after 30 days. fessional corporations. Members are encouraged to familiarize them- selves with the Code. 39TH ANNUAL UPEI BUSINESS SOCIETY LUNCHEON There was a great turnout at the 39th Annual UPEI Business Society Luncheon, held April 1, 2016 at Confederation Centre of the Arts. The keynote speaker for the event was Kevin Ladner, CPA, CA, CBV, newly appointed Executive Partner & Chief Executive Officer with Grant Thornton LLP. Representatives from CPAPEI and the CPA Atlan- tic School of Business were in attendance. Page 3 MEET OUR MEMBERS: UNIQUELY CPA Johnathan Doiron, CPA, CMA, MBA Chief Financial Officer, Charlottetown Islanders Johnathan Doiron discovered his passion for hockey when he first hit the ice in his hometown of Rustico. Though he still enjoys being part of a “My job combines team, he now focusses on the business my passion for side of the sport as chief financial accounting and officer for the Charlottetown Islanders. interest in hockey. I spend my days “My job combines my passion for ac- doing what I love.” counting and interest in hockey. I spend my days doing what I love.” Doiron began working with the Charlottetown Islanders in 2013, after a previous role as business manager with Andrews Hockey. Working in the sport of hockey represents a natural fit for Doiron, who has played at minor, junior and senior lev- els and also coached young players. ...visit the CPAPEI website to read the rest of Johnathan’s story... More member profiles can be viewed on our website. Danette Murray, CPA, CGA Financial Analyst, Strait Crossing Bridge Ltd. As she drives to work, Danette Murray looks forward to that spot in Seven Mile Bay that offers such a stunning view of the Island’s link to the mainland. “I go over the hill and see the “I like the uniqueness bridge and the water. It feels of my job,” she says. homey to me,” she explains. “No one else on P.E.I. can say they’re the If the scenery of the Confederation financial analyst for Bridge appeals to Murray, so does the bridge.” the work of planning for its future. As financial analyst at Strait Crossing Bridge Ltd., Murray plays a key role in determining how the company will manage the structure until the federal government takes it over in 2032. Her role includes analyzing areas like productivity, usage, effi- ciency and costs. “There’s so much variety to what I do,” she says. “It’s not just a monotonous punch in, punch out job. It’s a different thing every day.” ...visit the CPAPEI website to read the rest of Danette’s story... Page 4 VOLUNTEER WITH CPAPEI PROFESSIONAL OPPORTUNITIES CPAPEI owes much of our success in delivering The CPA profession offers unlimited possibilities for our mission to the continued commitment of our career growth and development. volunteers. The following Career CPAPEI Committees: Opportunities are currently posted on our website: Continuing Professional Development Finance & Audit Senior Accountant, Audit & Assurance - BDO Marketing & Member Services Vice President, Finance and Administration - Bio Vectra Public Practice & Membership Chief Executive Officer - Nova Scotia Public Service Long Investigation Term Disability Plan Discipline Human Resources Manager of Financial Services - Comptroller's Office - University of Prince Edward Island Practice Inspection Ad Hoc By-Laws If you are an employer who would like to post a CPA Ad Hoc Education career opportunity on our website, please contact 902.894.4290. CPAPEI reserves the right to determine whether an ad will be posted. If you are interested in volunteering on one of our committees, please contact the office at 902.894.4290 or via email at [email protected]. Page 5 CPAPEI MEMBERSHIP CHANGES FOR THE PERIOD FEBRUARY 4, 2016—APRIL 7, 2016 New Members (program completion): Retired Members: Licensed to Practice Public Accounting: Christopher Arsenault, CPA, CA Lori Dawson, CPA, CA Christopher Arsenault, CPA, CA Jason MacLean, CPA, CA Brian Ellis, CPA, CA Jennifer Birch, CPA, CGA Jason McAlduff, CPA, CA Nelson Hagerman, CPA, CA Kevin Cusack, CPA, CGA Stephanie Pineo, CPA Kenneth Hall, CPA, CGA Sherrie MacDougall, CPA, CGA Isaac Townshend, CPA, CA Ron Herbert, FCPA, FCA Jason MacLean, CPA, CA Wayne Hooper, CPA, CA Melissa MacRae, CPA, CGA New Associate Members: Kevin Jenkins, CPA, CA Scott McMullen, CPA, CA Scott McMullen, CPA, CA Kimberley Ladner, CPA, CA Betty Preston, CPA, CGA Alex MacBeath, CPA, CA Michael Shaw, CPA, CGA New Members by transfer: Calvin MacMillan, CPA, CA Perry Lawlor, CPA, CA Alan C. Montgomery, CPA, CA Resigned: Jordan Rowledge, CPA, CA Michael Murphy, CPA, CA Julianna Chiu, CPA, CA Doug MacMurdo, CPA, CGA Paul Norris, CPA, CA Wendy Ripley, CPA, CA Brianne MacNevin, CPA, CA Sherry Ross, CPA, CGA Greg O’Brien, CPA, CA CPAPEI MEMBERS IN THE NEWS Suite 600 97 Queen Street Charlottetown, PE C1A 7K7 T: 902-894-4290 F: 902-894-4791 E: [email protected] Page 6 .
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