They're not compulsory and there are multiple alternatives. I haven't done a CAI training course for well over a decade.Is this the same organisation who run compulsory training courses to achieve CPD hours and then make a lot more € through that?
Same.They're not compulsory and there are multiple alternatives. I haven't done a CAI training course for well over a decade.
They're most likely no better nor worse than hundreds if not thousands of similar organisations. Most members couldn't care less because they don't even pay their own subscriptions.Is there nothing of interest to the media in terms of investigating the running of this organisation? They blackmail members into paying their fee with threats of removing hard earned deignation, earned through completing tough exams and a 3.5 year training contract. It stinks and should be looked in to. God knows what would be uncovered!
They're most likely no better nor worse than hundreds if not thousands of similar organisations. Most members couldn't care less because they don't even pay their own subscriptions.
Of course not. But the vast majority of chartered accountants don't have nameplates, stationery or business cards because they're in employment.But can members retain their CA status on their nameplate, stationary and business cards if they ignore their annual fee demand?
Not so for engineers.
Of course not. But the vast majority of chartered accountants don't have nameplates, stationery or business cards because they're in employment.
That's primarily a matter for the company they work for, isn't it?Not nameplates but surely business cards and some with company stationary showing their quals. Not to mention the blurbs on staff on the websites: " . . . Jim is a chartered accountant and member of the Chartered Governance Institute . . .", that sort of thing.
All BIK-able in full.I know that many accounting/audit/financial advisory firms pay things like golf/sailing/rotary/etc club memberships and the rationale is clear: make friends and try and get some new business during the summer.
Very simple. Many financial controller etc job descriptions require that the post holder holds a recognised qualification.I'm not sure I see the rationale for an employer paying an accountant employee's annual professional body membership. If a professional person hasn't the decency to maintain - perhaps even enhance - their own status within their own profession then what employer would really want them ?
All of those questions are very easily answered if you do even the most basic research.As are the questions of where this money goes, who decides on its applications, who manages it and who oversees the management of it.
All of those questions are very easily answered if you do even the most basic research.That's primarily a matter for the company they work for, isn't it?
All BIK-able in full.
Let's face it, people don't go golfing or sailing in the summer to drum up business for their employers.
Very simple. Many financial controller etc job descriptions require that the post holder holds a recognised qualification.
All of those questions are very easily answered if you do even the most basic research.
Just on that, why is it essential?Of course they do, it's an essential.
This simply would not arise.potential reputational damage to a high-status employing company were its financial controller to be outed as a lapsed member of their professional body.
Similar point - if an individual was competant and performing well theyre authority wouldnt suddenly diminish if they ceased been a CA. Again, nobody would care - so long as the individual was competent.it might in the case of a financial controller mean an absence of functional authority where his duties are proscribed to those with an active membership of a recognized accountancy body.
Who would care and why?
Similar point - if an individual was competant and performing well theyre authority wouldnt suddenly diminish if they ceased been a CA. Again, nobody would care - so long as the individual was competent.
It's a job. The Health and Safety Manager and, in areas such as Medical Device manufacturing, the Quality Manager are jobs which require that the employee interacts with the State, can be personally criminally liable for not doing their job properly. They also have to stay up to date with legislation. Just like Revenue the HSA and bodies such as ISO issue details of changes to rules and legislation and it is incumbent upon the employee to keep up to date in those matters.Being a financial controller isn't just a "good job" - it's a senior officer appointment within the management of a state registered commercial enterprise.
What on earth are you talking about. You arent living in the real world.A financial controller whose ACA, ACCA, CPU, CIMA, etc membership is 1 day lapsed may well be in only technical breach of decisions made while lapsed
It's a common perk offered by many employers across multiple sectors. My IT employer covers the cost of any one such membership.Why should an employer pay annual professional membership fees for someone who is in truth the primary beneficiary from that body's services to him/her ?
None of them are required to be part of a professional body.
In the case of the accountant there'll be an external auditor which will be checking their work anyway, just as bodies such as the NSAI audit quality standards.
Why should an employer pay annual professional membership fees for someone who is in truth the primary beneficiary from that body's services to him/her ?
It's a common perk offered by many employers across multiple sectors. My IT employer covers the cost of any one such membership.
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