The monthly "President Time" initiated by the President in 2001 continued during the year to keep members informed and in dialogue with Council and with other members.
On December 19, 2002 the ICA Belize web site www.icab.bz was launched at the Institute's Christmas Luncheon held at the Radisson Fort George Hotel. The site is a work-in-progress and already work is being contemplated to upgrade to a state of the art level suitable for sponsorship.
The monthly "President Time" initiated by the President in 2001 continued during the year to keep members informed and in dialogue with Council and with other members.
On December 19, 2002 the ICA Belize web site www.icab.bz was launched at the Institute's Christmas Luncheon held at the Radisson Fort George Hotel. The site is a work-in-progress and already work is being contemplated to upgrade to a state of the art level suitable for sponsorship.
The Institute's 18th Anniversary Christmas Luncheon
The Institute held its eighteenth Anniversary Christmas Luncheon at the Radisson Fort George Hotel on December 19, 2002. Twenty-two members attended and four members sent their apologies. All members enjoyed the good fellowship.
The Secretariat
Council approved new terms of reference for the Institute's Secretariat for the delivery of its services to members and for the running of its daily operation. Council agreed to the further strengthening of the Secretariat especially with the addition of student members to service. In this light, Council has expanded its offices and planned to pursue further expansion to house a student center.
Fellowship Awards (FCA)
Under the newly revised Bye-Law 104 of the Institute, Council conferred the Fellowship Award (FCA) to the following members: Jose Bautista, Rene Blanco, Arsenio Burgos, Clinton Castillo, Julian Castillo, Douglas Erskine, Felix Reyes, Kathlyn Tillett, Marion Usher, Michael Coye, Jose Habet, Mary Martinez, and Thomas Tattersfield. The Award ceremony was held at the Radisson Fort George Hotel and the Minister of Investment and Foreign Trade, Honourable Eamon Courtenay, presented the certificates to the members.
According to Bye-Law 104, Council may only confer the Fellowship Award (FCA) on members who have been members in good standing for at least five years prior to their nomination for the award. Nominees must have served the Institute for a minimum of three years either on Council or on a committee established by Council and must be nominated, in a form prescribed by Council, by two members in good standing.
Closing
Council fostered and maintained good working relationship with its members and affiliates during the year. However, there is a lot of unfinished business on the path of perfecting our Institute and the profession. Also, despite the bad publicity and corporate scandals in the year 2002 involving accounting practices around us, in our opinion, the profession still ranks highly in trustworthiness and value among business leaders.
Some work-in-progress for the next Council are: launching of the CPE program for members, putting into Law the proposed amendments to the Accountancy Profession Act, finalizing the Student Education and Training programs, and updating the Institute's Action Plan.
Respectfully submitted
Oh Behalf of Council
Felix Reyes
President, ICA Belize
Dated: March 20, 2003
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