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Article #76

ACCOUNTS STUDENTS - WARNING CGA CANADA !!

#76
From: william grosvenor
Date: Sat, 17 Feb 1996 00:00
59 lines
3882 bytes
Subject: CGA'S IN CANADA - WHAT'S WRONG WITH THEM?
Over the past year, national media have been filling the news with 
stories of scandals involving prominent CERTIFIED GENERAL ACCOUNTANTS 
(CGA's) in Canada.

The Vancouver Sun and other national media recently carried banner 
headlines regarding Roman Evancic CGA and FCGA, who had got himself 
SHOT!!.This was apparently in connection with some business partner and a 
collections problem. The news reported that the assailant said,as he shot 
Evancic:"I'm from your stock brokers. I understand you ripped him 
off."(per Vancouver Sun)

In Alberta last summer, the media had a field day, reporting on the fact 
that the Past President of CGA Alberta, a CGA and FCGA, was under 
investigation on a complaint by the HONGKONG BANK to the RCMP Commercial 
Crime Division. The HK Bank was complaining about William Mearns, who had 
been for 12 years the Controller/Treasurer of the County of Red Deer, 
Alberta.

At the end of 1995, without any advice to the general public or even to 
Members of CGA Alberta, Mearns was allowed to SECRETLY RESIGN both his 
CGA and FCGA designations. This seems to be a first for Canada, where an 
FCGA surrenders what was supposed to be a prestigious designation.

Mind you, Mearns got his FCGA in connection with his work in 1987-1988, 
where he was involved with the admission to CGA Alberta of unqualified 
bookkeepers, who were given the CGA designation, without any requirement 
for education,qualifications,experience, NO EXAMS, or even a requirement 
for upgrading courses to bring them up to an acceptable standard. CGA 
Alberta of course benefited financially, from the huge increase in dues 
and fees from these new members.

And don't forget the scandal exposed on national TV of the Surrey,B.C. 
CGA, convicted of embezzling millions of dollars from fellow parishioners 
of his church.

Are these published reports, as well as others, part of the reason that 
the Maritime Provinces have successfully maintained that CGA's in those 
provinces ARE NOT QUALIFIED to perform public audits? Could it have 
something to do with the fact that an unqualified CGA from Alberta could 
move to the Maritimes,and even though unqualified, could still call 
himself a CGA there?

Students of accounting  in S.E.Asia, and the Caribbean, who have to pay many thousands of dollars to  obtain your designation, how d=
o you feel about these "gwaliau" who got 
the CGA for free?

Students of accounting, public accountants, members of the public and 
financial institutions who are concerned about credibility in the 
accounting profession are invited to respond.


William Grosvenor		e-mail: acumen@freenet.edmonton.ab.ca
9208 - 137 Avenue                     or: acumen@compusmart.ab.ca
DEADMONTON, Alberta
CANADA  T5E 1Y5                            phone: 403-475-5555

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From: william grosvenor <acumen@compusmart.ab.ca>
Subject: ACCOUNTS STUDENTS - WARNING CGA CANADA !!
Date: 1996/02/17
Message-ID: <4g4quq$cs@bert.compusmart.ab.ca>
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