Association of Certified Executive Public Accountants

Governance

Association of Certified Executive Public Accountants > Governance

Association of Certified Executive Public Accountants (ACEPA) Executive Council:

ACEPA is governed by its Executive Council, which ensures the delivery of ACEPA’s objectives as outlined in our Charter. It also formulates strategic policy objectives, monitors performance, and oversees the annual budget.

The Council is responsible for all matters in the Charter and bylaws, managing the Institute’s business, overseeing Divisional Committees, and setting and maintaining qualification standards for members. The Executive Council is composed of the Chairman/President, two Vice Presidents, a Secretary, and Executive Members.

Role of Executive Council:

The Executive Council serves as ACEPA’s primary governance body. Council members, elected from ACEPA’s membership, act as volunteer custodians, ensuring ACEPA’s development aligns with its mission and values. They play a crucial role in safeguarding ACEPA’s reputation, image, and brand for the benefit of members, future members, clients, employers, and the public.

Executive Council Responsibilities:

The ACEPA Executive Council is tasked with:

  1. Ensuring ACEPA operates in the public interest and delivers objectives stated in the Charter.
  2. Setting the overall direction of ACEPA through regular approval of the organization’s strategy.
  3. Engaging with ACEPA members to explain and promote the strategic direction.
  4. Providing an objective environment for the executive team to explore new ideas or challenges.

The Council collaborates with the executive team to devise ACEPA’s strategy, with the delivery of the strategy entrusted to the executive team. Governance of the process and performance management is overseen by the Council.

ACEPA Council Committees:

In line with the guidelines provided by the Executive Council, ACEPA has established various committees:

  1. Executive Committee:
    • Oversees long-term strategic plans.
    • Makes recommendations to the Council on the annual business plan and budget.
  2. Nomination Committee:
    • Nominates the next President and Vice-Presidents for the Council’s approval.
  3. Examination Committee:
    • Conducts exams according to policies set by the Executive Council.
  4. Professional Standards Committee:
    • Maintains and adopts international professional standards.
    • Ensures the qualifications meet professional and academic standards.
  5. Management Committee:
    • Manages the Institute’s affairs and controls assets, liabilities, income, and expenditure.
    • Composed of elected members and Past Presidents.
  6. Oversight Committee:
    • Supervises overall Management and administration.
    • Monitors policy, plans, and budgetary performance.
  7. Audit & Accounts Committee:
    • Assists in financial systems and controls oversight.
    • Ensures regulatory and statutory compliance.
  8. Research and Publications Committee:
    • Manages newsletters and publications.
    • Promotes research and development of ACEPA curriculum.
  9. Corporate Relations Committee:
    • Establishes connections with corporate professionals and financial institutions.
    • Promotes ACEPA’s vision through meetings, seminars, conferences, and social media.
  10. Qualifications Committee:
    • Advises on professional education and development.
    • Composed of experienced members, including the wider education community.
  11. Membership Committee:
    • Recommends candidates for membership.
    • Composed of ACEPA Fellows.
  12. Nomination Committee (Management):
    • Responsible for Council elections and nomination of Management Honorary officers.

ACEPA is dedicated to excellence, integrity, and innovation, ensuring its members contribute meaningfully to the global financial landscape.