benefits of being a cigfaro Member

BENEFITS OF CIGFARO MEMBERSHIP

Members benefit from the Institute's guardianship as the umbrella body for public sector finance officials;
Members receive a digital certificate indicating their membership level;
Members can attend continuous professional development (CPD) programmes, workshops, seminars, and conferences hosted by the Institute at reduced attendance fees;
Members have access to local and national networks for information sharing;
Members participate in provincial activities of the Institute, including local meetings, seminars, workshops, and research activities;
Members are represented by the Institute on key professional bodies;
Members have opportunities to provide feedback on draft legislation and regulations through the Institute;
Members have opportunities to contribute to the formulation and development of Institute policies;
Members receive complimentary copies of the CIGFARO Journal and newsletters;
Membership offers professional and personal enrichment, stimulating engagement, and the opportunity to connect with fellow professionals at provincial, national, and international levels;
Members receive agendas and related reports for the Institute's Annual General Meetings, as well as for the annual general meetings (AGMs) of their local provincial branches.

WHAT IS CIGFARO?

The Chartered Institute of Government Finance, Audit & Risk Officers (previously known as IMFO) was established in 1929 in terms of the Companies’ Act as a Non-Profit Company. Its objective is to promote the interest of finance and related professions in the public sector. CIGFARO is the South African Qualifications Authority (SAQA) recognized professional body for financial management in the public sector.

THE ROLE OF CIGFARO

1. Further the interests of the public sector in the financial and related professions by:
• Advising institutions, commissions, other bodies and persons.
• The Training and advancing of knowledge of members of the institute, and
• The promotion of the interests of the profession of public finance officers and related professions.
2. To promote interests of finance and related professionals in the public sector, as well as the general public through strict enforcement of the Code of Conduct by embracing the following objectives:
• Developing and registering appropriate qualifications;
• Registering qualifying professionals as its members;
• Constant renewing of Members’ registrations;
• Assessing and promoting programmes at institutions of higher learning;
• Regulating activities within the public sector finance profession and related professions via the Code of Conduct and a disciplinary procedure;
• Monitoring and tracking the continuing professional development of members;
• Developing and implementing practical guideline and process enhancements and best practices; and
• Making submissions pertaining to legislation and/or proposed legislation to sector departments as and when requested;
3. To consider, where necessary research and comment on, existing and proposed pieces of legislation affecting the public sector in the Republic;
4. To co-operate with any other professional body that is aimed at improving and enhancing public finance and governance both in the Republic and internationally;
5. To advice the National and Provincial Government, related institutions and other recognised National Associations on matters affecting the public sector;
6. To provide opportunities and platforms for an exchange of views, knowledge and best practices amongst members; and
7. To undertake research into public sector finance and governance in order to promote efficiency and enhance the available core body of knowledge.