Fellow Membership

Fellow Member Criteria

An applicant must be an active IoDSA member for a minimum of 5 years consecutively and in addition have at least ten 10 years experience as a director, company secretary, senior executive, partner, associate or senior manager, senior academic or the equivalent at two or more of the following:
1. A listed company
2. An unlisted company
3. A local, provincial or national Government entity whether incorporated or created by statute or
4. A director, or equivalent, of a non-profit organisation or
5. University or tertiary academic institution or
6. Professional practice such as firm of architects, lawyers, accountants.

An “active IoDSA member” will be interpreted to mean a member who has attended at least one IoDSA event or initiative a year for the duration of membership.
In addition, the Board should consider the applicant to have the appropriate experience and background which makes him/her eligible as a Fellow member. In exercising its judgement in this regard, the Board will consider that the category of Fellow membership is bestowed in order firstly, to acknowledge significant experience in executing governance duties and secondly, to create an opportunity for Fellows to contribute to IoDSA initiatives to promote governance.

Entry shall be by application and accompanied by a written nomination from a current IoDSA member in accordance with the procedures as approved by the Board from time to time. For further details on how to apply please e-mail IoDSA Member Relations Officer.

Procedures

Members wishing to apply to become a Fellow must submit an application and motivation in writing along with a one page CV and letter of nomination outlining their compliance to the above Fellow criteria. This can be sent to the IoDSA Member Relations Officer.

Fellow applications will be considered by the IoDSA Board on a quarterly basis.

Entitlements

Fellows of the IoDSA, are entitled to use the designation F.Inst.D after their name for the duration of their Fellowship.
In addition to the prestige of Fellowship and existing membership benefits, Fellows will also have access to the benefits detailed below:
• An exclusive IoDSA Fellowship card.
• 20% discount on all IoDSA Events and Director Development Programmes.

Requirements to maintain Fellowship status

• Maintaining IoDSA Membership, keeping subscription fees up to date and not falling into suspension through late payment of fees.


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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