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Ownership, Administration & Structure

The loDSA is a Section 21 company and as a membership organisation, there is no clearly defined ownership structure, the loDSA is technically owned by its active members at any given time. As membership changes on an on-going basis, the ‘ownership’ structure is not a set structure.

loDSA members have voting rights at the IoDSA annual General Meeting where the Board, as mentioned above, is elected.

The IoDSA is run by a Board of members elected from the membership of the Institute at the Annual General Meeting, held in June of each year.

The Board consists of not more than 13 members, elected without reference to geographical area or branches. At the first meeting of the Board after the AGM, a Chairman is elected from among the Board members. The office of Chairman may not be held by any one individual for more than two consecutive years.

Elected Board members serve for a period of three years. One third retire each year and are individually eligible for re-election.

A small full-time staff under the direction of the Chief Executive is responsible for the day-to-day administration of the Institute.

The Board elects various committees i.e. Audit & Risk Committee and Nomination Committee.


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SAIPA Public sector Workshop in conjunction with Protect-A-Partner

 (8 Structured CPD Hours)The South African Institute of Professional Accountants invites you to this not to be missed full day workshop on public sector accounting. The workshop is interactive and will provide you with a better understanding of the Generally Recognised Accounting Practice.

Who should attend?

• National and provincial CFO within the government departments
• Senior finance managers in government
• Preparers of public sector financial statements• Academics

 

Some of the areas to be covered:

Introduction to Generally Recognised Accounting Practice (GRAP)Section 216 of the Constitution of the Republic of South Africa introduced generally recognised accounting practice for the public sector and the Accounting Standards Board (ASB) issues Standards of GRAP in accordance with national legislation.  But what is GRAP? Who must apply it? What is the impact on the financial statements?  This 1-day workshop provides the participant with a high level overview of GRAP, with focus on certain “contentious” concepts and standards.

The workshop covers:

• The GRAP financial reporting framework, implementation dates and applicable entities
• High level review of GRAP standards and IGRAPS
• Application of ASB directives and guidelines
• Principles set out in the ASB FAQ’s
• Differences between GRAP and SA GAAP/IFRS Full Day Fee (Incl. VAT)
Per Delegate R 1300.00
**PLEASE NOTE THAT THIS WORKSHOP IS NOT PART OF THE “SAIPA’s ANNUAL CPD SUBSCRIPTION”**

Click Here to Book