Eligibility to Apply for a Public Practice Permit

All CPA members duly registered with CPA New Brunswick who wish to begin a Public Practice, as the case may be, and who meet certain criteria are eligible to apply for a Public Practice Permit.

All CPA members duly registered with CPA New Brunswick who wish to begin a Public Practice, as the case may be, and who meet the following criteria are eligible to apply for a Public Practice Permit:

  1. Those members who were not sole proprietors, partners, or shareholders of registered Public Practices with any of the Legacy Bodies immediately prior to the date of the Act coming into force, but who have completed the requirements below;

  2. Those members who were not sole proprietors, partners, or shareholders of registered Public Practices with any of the Legacy Bodies immediately prior to the date of the Act coming into force and who have not completed the requirements below, but who have satisfied the Registrar as to their competence for Public Practice, as the case may be

Please send us all the details regarding your competence for Public Practice and supporting documents, if any, by email. Please refer to the requirements below to prepare your request.

REQUIREMENTS

Members who were not sole proprietors, partners, or shareholders of registered Public Practices with any of the Legacy Bodies immediately prior to the date of the Act coming into force but who had a Public Practice Permit from one of the legacy bodies in the past, or who were recognized, in the past, by their legacy body to have the right to do Public Practice, and who wish to obtain a permit shall:

  1. Be members in good standing, pay all required fees (membership fee, public practice fee etc.) and respect the requirements of Continuing Professional Development (CPD);
  2. Submit for approval to the Registrar of CPA New Brunswick a plan which will update the necessary competencies related to the public accounting practice area; and
  3. Be inspected by a practice inspector of CPA New Brunswick after 12 months of initial registration.

Members who have never had a Public Practice permit from CPA New Brunswick or one of the legacy bodies, or who were not recognized by their legacy body to have the right to do Public Practice, and who wish to obtain a Tier 1 or Tier 2 permit shall:

  1. Take the Post Designation Public Accounting (PDPA) course
  2. Pass the PDPA exam
  3. i For a Tier 1 permit, get a minimum of 1,250 hours of assurance training with a minimum of 625 hours in the audit of historical financial information at a Pre-Approved Training Office registered with CPA New Brunswick
    ii For a Tier 2 permit, get a minimum of 1,250 hours of assurance training with a minimum of 625 hours in providing assurance on historical financial information at a Pre-Approved Training Office registered with CPA New Brunswick
  4. Be members in good standing, pay all required fees (membership fees, public practice fees, etc.) and respect the requirements of Continuing Professional Development; and
  5. Be inspected by a practice inspector of CPA New Brunswick after 12 months of initial registration

Members who have never had a Public Practice permit from CPA New Brunswick or one of the legacy bodies, or who were not recognized by their legacy body to have the right to do Public Practice, and who wish to obtain a Tier 3 permit shall:

  1. Take a taxation course approved by CPA New Brunswick if the member has not taken an approved taxation course in the preceding five-year period
  2. Pass the approved taxation course’s exam
  3. Get a minimum of 625 hours in compilation at a Pre-Approved Training Office registered with CPA New Brunswick or have their work experience of the last immediate preceding
    five 5 year period assessed with a mentor requirement being imposed
  4. Be members in good standing, pay all required fees (membership fees, public practice fees, etc.) and respect the requirements of Continuing Professional Development; and
  5. Be inspected by a practice inspector of CPA New Brunswick after 12 months of initial registration.