Public Accountants Council for the Province of Ontario
The Public Accountants Council for the Province of Ontario (PAC) was a corporate body that ensured that public accounting in Ontario was practised in accordance with internationally respected public accounting standards that reflect the public interest in the delivery of superior quality public accounting services. Each year, CPA Ontario was required to submit an annual supplemental report containing prescribed information.
In 2021, the Government of Ontario amended the Public Accounting Act, 2004 and made CPA Ontario responsible for the creation and maintenance of the Public Accounting Standards that govern Public Accounting License (PAL) holders in the province.
As result of these amendments, PAC dissolved on April 30, 2021 and CPA Ontario is assuming all regulatory oversight and responsibilities for public accounting standards in the province.
In the interest of transparency, CPA Ontario will continue to provide access to the reports that were previously filed with PAC. They can be found below.
CPA Ontario Annual Supplemental Reports
CGA Ontario Annual Supplemental Reports
As a result of the execution of a Unification Agreement with the Chartered Professional Accountants of Ontario on July 2, 2014, Certified General Accountants Association of Ontario resigned its authorization to license and govern the activities of its members as public accountants granted by the council on June 22, 2010.
CMA Ontario Annual Supplemental Reports
As a result of the execution of a Unification Agreement with the Chartered Professional Accountants of Ontario on April 1, 2014, Certified Management Accountants of Ontario resigned its authorization to license and govern the activities of its members as public accountants granted by the Council on January 24, 2012.