C-48 - Chartered Accountants Act

Section 19 Disposition versions

2009-06-19

19. The practice of public accountancy consists in

(1)  expressing an opinion to provide a level of assurance about a financial statement or any part of a financial statement, or about any other information related to the financial statement; this corresponds to an assurance engagement, which comprises the performance of both an audit engagement and a review engagement, as well as the issue of special reports;

(2)  issuing any form of certification, declaration or opinion in respect of information related to a financial statement or to any part of a financial statement, or in respect of the application of specified auditing procedures with respect to financial information, other than financial statements, neither being intended exclusively for internal management purposes; and

(3)  performing a compilation engagement that is not exclusively for internal management purposes.

1973, c. 64, s. 19; 2007, c. 42, s. 4; 2009, c. 35, s. 46.

2008-12-15

19. The practice of public accountancy consists in

(1)  expressing an opinion to provide a level of assurance about a financial statement or any part of a financial statement, or about any other information related to the financial statement; this corresponds to an assurance engagement, which comprises the performance of both an audit engagement and a review engagement, as well as the issue of special reports; and

(2)  issuing any form of certification, declaration or opinion in respect of information related to a financial statement or to any part of a financial statement, or in respect of the application of specified auditing procedures with respect to financial information, other than financial statements, neither being intended exclusively for internal management purposes.

1973, c. 64, s. 19; 2007, c. 42, s. 4.

1977-12-31

19. Engagement by a person, for remuneration, in the art or science of accountancy or in the auditing of books or accounts and the offer of his services to the public for such purposes constitutes the practice of public accountancy.

However, a person does not practise public accountancy within the meaning of this Act if he acts exclusively as a book-keeper, provided that if he offers his services to the public, he advertises only as a book-keeper.

1973, c. 64, s. 19.