INTERNATIONAL RELATIONS

OBJECTIVE

The International Relations Committee (“IRC”) is charged with addressing all external relationships with Overseas Professional Accounting Institutes (“OPAI”) with the intent of building relationships and adding value to members in common. In addition, the IRC will address matters concerning CIIPA’s membership of the International Federation of Accountants (“IFAC”).

STRUCTURE

The IRC is comprised of at least three members selected to represent and support international relations. The IRC is chaired by a member of Council and reports directly back to Council.

PROCESS

The IRC meets, typically once every quarter. The meetings have a set agenda and the work program is partly driven by the IFAC Part 3 Action Plan and its detailed internal reference document. Submission of scheduled reports to IFAC and other ad hoc requests also determines the meeting schedules.

The resolutions of the IRC require approval of Council and will be put forth and presented to Council by the Chair of the IRC. The Chair will then pass along any feedback from Council which will be minuted at the next meeting of the IRC.

RESPONSIBILITIES

• Communicate and maintain relationship with IFAC, other Institutes (“OPAIs”) and other counterpart bodies
  
• Prepare and submit requested documentation, for example the Part 2 Questionnaire and Part 3 Action Plan and detailed work programmes
  
• Advise Council and other committees regarding the obligations of IFAC members and approach of other accountancy and audit professional associations globally
  
• Draft and present policies, procedures and other instruments for approval by Council, to meet IFAC and related obligations, and conduct research and collect data to support not falling to the responsibility of another committee
  
• Assist members in meeting requirements of OPAI
  
• Work with OPAIs to coordinate benefits for members and agree to opportunities such as educational, continuing professional development, training courses, capacity building and other areas identified from time to time
  
• Review, update and maintain the list of approved OPAI’s