PRESIDENTIAL COMMITTEE
 

Terms of Reference

Objectives:

1. Provide oversight on the running of the Institute by the CEO.

2. Provide oversight on the implementation of Council’s decisions by the CEO.

3. Ensure appropriate official representation of the Institute in ECSAFA and various forums.

4. Provide strategic liaison between LIA and different stakeholders..

5. Provide assistance to the CEO in fund mobilization for LIA.

6. Provide oversight over LIA in relation to ensuring that Accountants Act is adhered to by all members.

Specific Terms of reference:

1. Ensure, through the CEO, that policies and procedures governing the LIA Secretariat are developed, implemented and maintained.

2. For purposes of operational efficiency and good governance, be responsible for setting up a tender committee on procurement of assets in excess of the CEO’s authority.

3. Review and propose approval of budgetary requirements of the Institute to the Council.

4. Review Management and Annual accounts of the Institute for approval by Council.

5. Identify sources of funding for the Institute and negotiate on behalf of LIA if necessary.

6. Attend official ECSAFA and similar functions / conferences etc. to represent LIA.

7. Provide oversight over the implementation of rules and laws governing the accounting profession, through the secretariat..