Kristine Simpson
Partner, assurance, BDO Canada
Kristine Simpson has 25 years of experience in general accounting, audit and tax practices. She has worked with all areas of B.C.’s public and non-profit sectors, including with school districts, health authorities, post-secondary institutions, Crown corporations and municipalities. Simpson has been actively involved in advocacy and education on measures to assist government-funded non-profits to improving their processes and reporting. She is currently a partner in BDO Canada’s assurance practice.
Since 2015, Simpson has taken on multiple leadership roles within Canada’s extended chamber of commerce network, including positions at the Langley Chamber of Commerce, the BC Chamber of Commerce and the national Canadian Chamber of Commerce. In 2023, she was awarded the fellow designation by the Chartered Professional Accountants of British Columbia.
What career accomplishment are you most proud of and why?
When I joined BDO there was only one partner and four managers working in the non-profit and public sector space. We have since grown to five dedicated partners and 11 managers. Despite the challenges of COVID, we remained dedicated to the sector and committed to our clients’ long-term success. The growth of our practice has deepened our expertise, which for me means focusing on government funded non-profits, specifically the subsidized social housing sector. Along with the growth of our firm in Vancouver, the firm has grown rapidly across the country, and I am proud to be part of the positive change.
What has been your toughest business or professional decision to date?
I reached a point in my career where I had to make a decision between continuing with a career in professional services as an auditor in the non-profit and public sectors, or to make a move into a leadership position in industry. I had to balance the needs of supporting my family, the time constraints impacting my children and consider what drives my happiness as a professional. I ultimately chose to continue my career as an auditor. While this is often considered the less-safe route, I’m happy with my decision because it allowed me to develop and grow my skillset and led to a much more rewarding experience.
What does it take to be a successful business leader in 2025?
When I consider a good business leader, I consider the various people around me, current and past. I admire those that can be strategic and inspirational, while being practical and honest about the inherent challenges and barriers to meet those goals. Such a leader really has to embrace an attitude of change, look at what can be done differently, challenge the status quo, attempt new techniques to achieve success, including such tools as AI. I am drawn to leaders who value long-term relationships, built on a foundation of transparency and trust. I appreciate that not all messages are positive, but I believe starting with an honest and open discussion is the best path to positive solutions.
What do you wish you knew when you were first starting out in your career?
I wish I realized how much I needed to own and control my short- and long-term career path. As a young professional I believed that simply being strong technically was enough to be successful. I soon learned that I needed to not only broaden my general business and sales skills, but more importantly learn to self-advocate, navigate the jungle of politics, decide what I wanted and communicate those aspirations to get positive results. Sitting back and waiting for others to lift you up, simply is not enough to be successful. I needed to drive initiatives, take ownership of plans, deliver on projects, ensure positive results and manage the communications and expectations.
What is the biggest lesson you’ve learned in business?
There is nothing more powerful and rewarding than a strong and diverse network around you. I value all the relationships I have built over my career, and you never know when you can help someone out, or conversely—that they will be there to support you. I appreciate the diversity, passion and dedication that the individuals in my professional network demonstrate daily.
What is your definition of success?
I define success as doing what makes me happy. Everyone is different, and what works for me may not work for others. I enjoy a balance of work, community, and social time. By helping clients achieve their mission more effectively, I deliver value that enhances our communities. In both work and volunteer efforts, working collaboratively with clients, colleagues and friends that are equally dedicated to our community makes the journey so rewarding.
What are you most passionate about outside of work?
I am passionate about anything that allows me to be outside and disengaged from work where I can socialize with friends and family. Anything from camping, sports (golf, skiing, walking, hiking) and travelling. Having a very busy life outside work keeps me charged up and excited when I re-engage.
A personal motto, or favourite phrase or saying, that resonates with you?
Whatever you are not changing, you are choosing.
A philanthropic, charitable or community-oriented cause or organization you support?
All the social housing organizations in B.C. They are fighting with limited resources every day to provide shelter and services for underprivileged individuals to allow them an opportunity to advance themselves and provide for their families.
What do you do to unwind, relax or de-stress?
I have been a bit of a golf fanatic since COVID. I enjoy the competition, socializing with friends, exercising and spending more time outdoors.
Favourite place in the province?
I have been many places, but Whistler is my favourite. Mountains, golf courses, nature and great food—it’s a perfect environment for socializing with friends.
Favourite restaurant(s)?
I joined the Vancouver Club for the service, atmosphere and world-class menu. As a member of the board, it’s still one of my favourite places.
A book or podcast you would recommend?
I always appreciate the insights of Simon Sinek and the way he challenges the status quo, pushing us to rethink how we show up.
What is your best habit?
My best habit is being straightforward and forthright. I believe providing feedback enables better understanding, assessment of blind spots and alignment of approach.
A B.C. business leader you admire?
I admire Mary Polak, former MLA for Langley, for her strong understanding of complicated matters, impacts to various stakeholders and her ability to articulate challenges in a clear and compelling manner.
Tell us one surprising or little-known fact about yourself.
I have a 35-foot travel trailer and enjoy camping with family and friends around the province, despite the constant amazement that a woman can drive and park a trailer.
