PracticeConsultingOverseas trips ‘the norm’ for institutes

Overseas trips 'the norm' for institutes

The ICAEW is not alone in spending its members' money on overseas junkets, but other institutes appear to be more frugal with their cash.

Last week Accountancy Age revealed Michael Groom, the ICAEW’s new president, had joined the Corporation of London’s trip around South America at Pounds 1,000 a day for the two weeks.

Now it has emerged ICAS’ president, Andrew Christie, his wife and the institute’s chief executive David Brew are currently visiting South Africa.But the cost of the ten-day trip is considerably less than Groom’s Pounds 13,500. The total budget for all three members was set at Pounds 7,000, nearly half that of the English president’s solo trip.

While in South Africa, the president will meet with expatriate members of the Scots institute and link up with officers from South African accountancy bodies. A spokesperson for the institute said the president goes on one such trip a year, though would attend other overseas meetings such as those held by IFAC, the international accountancy body.

ACCA’s spokeperson confirmed the association had an annual budget last year of Pounds 17,000 for international travel by its officers. This compared with a budget of Pounds 25,000 in 1999. The spokesperson said the travel was justified, as the association had ‘a lot of international obligations’.

CIPFA’s spokesperson was unable to give a figure for the public sector body’s international travel, but said officers would be expected to pay for travel themselves and claim back expenses.

‘We are encouraged to use standard and economy fares whenever possible,’ the spokesperson said.

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President’s trip abroad costs Pounds 13,500

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