Institiutes – English ICA backs down on district plans

Institiutes - English ICA backs down on district plans

English ICA officials have back-pedalled on proposals to make the institute’s 22 district societies self-funding, calming fears about their future.

A compromise agreement delaying any decision on their long-term funding was hammered out at a conference last week at which district society presidents voiced their concerns to top institute officials and council leaders.

The institute has also agreed to continue the present system of funding the societies out of general subscriptions until at least the end of 2000.

Earlier this month, district society officials were behind a move to block the institute’s ‘Strategy for the 21st Century’ by council members.

The strategy is thought to contain plans under which district societies will be required to obtain contracts from the institute to carry out services. This could lead to them to levying extra local subscriptions.

The plans are to be reconsidered by two working parties. One will examine what services members want provided locally and how these will be supplied.

The other will consider how the administration of locally delivered services will be structured in future.

The district societies indicated overall support for the institute’s strategy, but said it was essential to maintain a local presence whose personnel, accommodation and establishment costs should be funded from general subscriptions.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

2m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article