"The FPSB is going to ensure that the CFP is positioned as the highest standard for planning around the globe."

August 2003
Journal of Financial Planning;Aug2003, Vol. 16 Issue 8, p10
Academic Journal
This article presents an interview of John Carpenter, a fellow and CEO of the Certified General Accountants Association of Alberta, Canada, and the 2003 chair of the Financial Planning Standards Board (FPSB), about the first year of FPSB and its plans for the future. I accepted the FPSB position because I was heavily involved in the predecessor organization of FPSB, the International Certified Financial Planner (CFP) Council, and I find the vision of what is going on around the world with the growth of financial planning very compelling. There are three separate and, frankly, competing accounting designations in Canada. While all can practice in traditional areas, two of them focus more specifically on auditing and management accounting, respectively. I believe it is a matter of the accounting profession understanding what a profession is really about, how to pull it together, how to practice it in the public's interest. The CFP Board will continue to focus on the unique needs of the public and CFP practitioners in the U.S. and the U.S. will certainly remain a key player in the FPSB, but the thinking was that a separate international organization will better facilitate the work of our international affiliates. CFP presence will have a significant influence within FPSB and it embodies so much expertise. The primary mission of FPSB is to benefit the consumer--as a profession we cannot just pay lip service to that. Our mission also is to position the CFP mark as the brand, the seal of approval and the standard of excellence that the consumer can look to.


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