Toronto (July 18, 2003) -- The Canadian Institute of Chartered Accountants and the American Institute of CPAs have released a public exposure draft of a best-practices guide to help businesses manage privacy risk and meet new Canadian privacy rules.

The Canadian Personal Information Protection and Electronic Documents Act (PIPEDA) takes effect Jan. 1, 2004 and will apply to all private-sector organizations.

The CICA is seeking input on the guide. The Privacy Framework Exposure Draft is available for free in French and English from the CICA Web site, www.cica.ca/privacy. Public feedback is due by Aug. 31.

Cairine Wilson, the CICA's Vice President of Member Services, said the group is looking for examples of best practices that organizations are already employing, that could be incorporated in the final version of the Framework. The guide is expected to be finalized in the fall.

-- WebCPA staff

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