Monday, October 23, 2017

Who are qualified to be members?

Membership in the Institute is open to individuals from all disciplines who are involved in internal auditing, internal controls, risk assessment, information system auditing and related fields.  

 

How are members classified?

The membership in the Institute shall consist of Regular Members, Educational Associate Members, and Honorary Members, and such other classes as may be defined when necessary by the Board of Trustees.  The requirements for classifications shall be contained in the rules of Eligibility for Membership as promulgated by the Board of Trustees.  

 

What are the rights of members?

A member shall have the following rights:

  1. To exercise the right to vote on all matters relating to the affairs of the Institute;
  2. To be eligible to any elective or appointive office of the Institute, subject to the criteria/qualification required for such position;
  3. To participate in all deliberations / meetings of the Institute;
  4. To avail of all the facilities of the Institute;
  5. To examine all the records or books of the Institute during business hours.

 

What are the duties and responsibilities of the members?

Members shall have the following duties and responsibilities:

  1. To obey and comply with the by-laws, rules and regulations that may be promulgated by the Institute from time to time;
  2. To attend all meetings of the Institute;
  3. To pay membership dues and other assessments of the Institute.

 

What are the grounds for termination of membership?

Membership with the Institute may be terminated in any one of the following:

  • Failure to pay dues, assessments or other accounts (after being given proper notice and adequate time to settle the accounts) as qualified under Article I, Section 9 of the revised By-Laws; or
  • Resignation; or
  • Proven violation of the Code of Ethics resulting in expulsion as covered under Article I,  Section 11 of the revised By-Laws; or
  • Death; or
  • Conviction by final judgment or order by a court or  competent administrative body of an offense involving moral turpitude, fraud, embezzlement, theft, estafa, counterfeiting, misappropriation, forgery, bribery, false affirmation, perjury or other fraudulent acts; or
  • Conviction by final judgment of an offense punishable by imprisonment for a period exceeding six (6) years, or a violation of the Corporation Code of the Philippines committed within five (5) years from his acceptance as member.

 

How can membership be reinstated?

Any reinstatement for membership must be recommended by the designated appropriate body and approved by the Board of Trustees. In case of resignation or failure to pay any dues, assessments or other accounts, the member shall be reinstated only upon payment of the dues in arrears, other obligations and the required reinstatement fee. When the previous termination of membership is due to cause other than resignation, death, or failure to pay dues or other accounts, in addition to the foregoing requirements for reinstatement, the person whose membership is sought to be reinstated must show to the satisfaction of the Board of Trustees of the Institute or The IIA Inc. in case of certification issue that the cause of the termination of his membership is no longer present.