The Chartered Professional Accountants of Ontario

The Chartered Professional Accountants of Ontario

September 18, 2013 09:15 ET

Burlington Accountant Receives Prestigious FCPA, FCA Designation

TORONTO, ONTARIO--(Marketwired - Sept. 18, 2013) - The Chartered Professional Accountants of Ontario have announced the election of 59 Ontario CPAs as Fellows, earning the designation FCPA, FCA. That prestigious group includes Michael Banks, a partner at BDO LLP in Burlington.

The highest designation the Institute confers, Fellowship is awarded for outstanding career achievements as well as outstanding service to the community and the profession. Ontario's Chartered Professional Accountants work in public practice, industry, academe, government and the not-for-profit sector. Less than 2.8 per cent of Ontario's over 36,500 Chartered Professional Accountants have been elected to Fellowship, making this an exceptional honour.

Michael is the Office Managing Partner for BDO Canada LLP in Burlington and serves on BDO's Large Market Management Board.

Michael, who earned his CA designation in 1997, has been a member of the CPA Ontario (Institute of Chartered Accountants of Ontario) Council since 2009 and currently is serving as its Vice Chair. He is a member of CPA Ontario's Management Advisory Committee and is a past Chair of the Governance and Nominating Committee.

Michael's community involvement includes serving as the Treasurer and Board Member of the Burlington Community Foundation and past service to Big Brothers Big Sisters of Halton as its Chair.

"Being elected an FCPA, FCA by their peers is an indication of the esteem these Chartered Professional Accountants enjoy in their profession and communities," said Rod Barr, FCPA, FCA, President and CEO of the Chartered Professional Accountants of Ontario. "It is also testimony to how much each has contributed to both the accounting profession and their respective communities."

FCPA, FCA elections are held every two years, and any CPA Ontario Member may submit a nomination, which culminates in a secret ballot vote by the Council. Rigorous criteria make the Fellowship designation a special honour. To receive this senior designation, a Chartered Professional Accountant is required to have brought distinction to the profession through significant business and social accomplishments.

The new FCPA, FCAs will be honoured at a presentation ceremony and dinner to be held on September 19, 2013 in Toronto.

About the Chartered Professional Accountants of Ontario

The Chartered Professional Accountants of Ontario (registered name of the Institute of Chartered Accountants of Ontario) is the qualifying and regulatory body of Ontario's more than 36,500 CPA, CAs and almost 6,000 CPA, CA students. With a rich history dating back to 1879, the Chartered Professional Accountants of Ontario serves the public interest by developing, monitoring and enforcing the highest standards of professional competence and ethical conduct. Chartered Professional Accountants are valued by organizations of all types for their financial expertise, strategic thinking, business insight, management skills and leadership. The Chartered Professional Accountants of Ontario's website is: www.cpaontario.ca and the student website is www.guidetorulingtheworld.ca.

Contact Information

  • Chartered Professional Accountants of Ontario
    Perry Jensen
    416-969-4271 or 1-800-387-0735, ext. 271
    pjensen@cpaontario.ca