C-48.1, r. 6.1 - Code of ethics of chartered professional accountants

Section 52 Disposition versions

2024-05-09

52. A chartered professional accountant cannot exclude, or attempt to exclude, his professional liability. It is specifically prohibited for him to

(1)  accept a waiver that relieves him, in whole or in part, of his professional liability for a fault committed in the practice of his profession;

(2)  accept a waiver that relieves, in whole or in part, the firm through which he practises his profession of the liability it may incur for a fault committed by him;

(3)  invoke against the client the liability of the firm through which he practises his profession.

The first paragraph does not prevent the making of a transaction to settle a dispute.

O.C. 716-2024, s. 52.

Not in force

In force: 2024-05-09

52. A chartered professional accountant cannot exclude, or attempt to exclude, his professional liability. It is specifically prohibited for him to

(1)  accept a waiver that relieves him, in whole or in part, of his professional liability for a fault committed in the practice of his profession;

(2)  accept a waiver that relieves, in whole or in part, the firm through which he practises his profession of the liability it may incur for a fault committed by him;

(3)  invoke against the client the liability of the firm through which he practises his profession.

The first paragraph does not prevent the making of a transaction to settle a dispute.

O.C. 716-2024, s. 52.