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I in short I saica news CA(SA) Chair for the Commonwealth AC B ruce Freer CA(SA) was nominated for work together towards shared democratic and development goals. Member countries come from Africa (19, including South based on assessed contributions, as is the Commonwealth Youth Programme. The Commonwealth Fund for Technical Co- membership Africa), Asia (8), the Americas (2), the operation (CFTC) is funded by voluntary of the Caribbean (12), Europe (3) and the South contributions. For the 2008/2009 financial Commonwealth Pacific (10). year, the Secretariat’s budget was 14.6 m Secretariat Audit pounds sterling, the CFTC`s 28.3m pounds, Committee (AC) The Commonwealth Secretariat (the and the CYP 2.7m pounds. by the SAICA UK Secretariat ), based in London, has 12 As Chairman, Mr Freer will need to region, through divisions/units, which carry out programmes ensure that the AC fully carries out its the South African of work based on mandates set by the responsibilities as set out in the AC`s High Commission heads of government of member states. It Terms of Reference. AC members are and was elected does this by providing technical and policy usually appointed for a period of three Chairman at the development, assistance and advice. The years, with a possible three year extension, 3 December 2009 AC meeting. Secretariat currently employs around 275 full- providing certain requirements are met. time staff, drawn from about three quarters The Commonwealth is a voluntary of the member states. The Secretariat’s SAICA congratulates Mr Freer on his association of 54 countries that enables work is financed by three separate budgets. appointment and wishes him well over the member states to support each other and The budget of the Secretariat itself is next few years. asa 7 2009 disciplinary notice – trainee accountants Offence Finding Poor time-keeping/poor billing of time to clients Reasonable explanation Constant late-coming/failure to complete 10 months cancellation penalty instructions 12 months added to contract Failure to record hours/not booking time to clients/ 6 months cancellation penalty I n terms of SAICA’s Training Regulations, not recording overtime/constant late-coming 12 months added to contract depending on the circumstances under Not serving full notice period 3 months cancellation penalty which a trainee’s contract is cancelled, 6 months cancellation penalty before
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