UPGRADE YOUR PROFILE
The Institute is excited to introduce the new database software that will assist both you and the office in keeping record of the following: CPD point, attendance of conference, training and seminars.
The Institute would like to bring the following to your attention:
As an IMFO member you are now able to update your contact details, qualification, and view and print your outstanding membership account. You will also have an opportunity to see other members serving in the different municipalities.
You will have to login by typing in your email address and ID number. Once registrered you can start enjoying the benefits of being an IMFO Member!
Click HERE to start the process
Should you enquire any problems during this process, kindly contact
Please visit the New Membership Requirements to see if you qualify to upgrade.
ADVANTAGES OF MEMBERSHIP
There are many direct and indirect benefits. These include:
1. An application form for Junior Membership.
All prospective members are obliged to start at Junior Membership level before advancing to a higher level of membership.
2. Regulations for Education, Training and Membership
These regulations contain definitions, procedures and the requirements for membership.
3. The Institute's Practical Training Programme
The practical training programme (Logbook) contains all the practical skills that you need to advance to Licentiate or Associate membership. The Logbook will be posted to all members to complete in order to keep record of experience acquired over the years.
4. The Institute's Code of Conduct
Step 1: Every applicant for membership must declare on the application form that he/she binds him/herself to the Institute's Code of Conduct.
Step 2: Study the Induction Course and request your Chief Financial Officer to test you or request another superior to test you on it.
Step 3: Request a member (Licentiate, Associate or Fellow) of the Institute to recommend you as a member of the Institute and sign part E of your application form. This person certifies that he/she considers you suitable for admission as a member of the Institute.
Step 4: Request an Associate Member of the Institute in your local authority to act as your principal. Your principal will be your mentor during the practical training period. He/She will test your competency in the different functions of the practical training programme and record it in the logbook. If there is no Associate Member in your local authority, you can request an Associate Member at another local authority to act as your principal. The Institute's office can provide you with a list of Associate Members in your province.
Step 5: Complete the application form for Junior Membership (included in the membership portfolio) and attach all the required documents, i.e. a copy of your senior certificate or tertiary qualification including the subjects passed and proof of the number of years you have worked in local government finance. Make sure that you have completed all the required sections of your application form. Read the instructions carefully. Post the application form and the required documents (keep a copy of all the documents) together with your payment to the Institute's office.
5. Fees payable
Membership fees payable are determined by the Institute's Standing Committee on Administration and Finance and are revised annually.
You will initially pay an admission fee, annual membership fee and a fee for the logbook. Thereafter you will receive an account from the Institute for your annual membership fee only. The Institute's financial year runs from 1 April to 31 March. Annual membership fees are payable in advance.
6. The procedure further
Your application will be scrutinised first by the Membership Officer and then by the Senior Education and Training Officer, where after the Chief Executive Officer will approve it.
Should you comply with the requirements you will be admitted as a Junior Member.
Your application will be submitted to the Standing Committee on Membership and to the Institute Council for ratification.
You will receive:
a confirmation letter that you have been admitted as a Junior Member;
a Junior Membership certificate signed by the President and the Chief Executive Officer of the Institute and
a logbook for the recording of your practical training.
As soon as your logbook is completed and you comply with the academic requirements for Licentiate or Associate Membership you may request an application form from the Institute's office and apply for a higher level of membership. You do not need to obtain Licentiate Membership before you can apply for Associate Membership.
7. Practical training
You must be tested on all the functions of the Practical Training Programme by an Associate member of the Institute and it must be signed off in a logbook. There is no time restriction for the practical training. You can at any time request your principal to test you on a function or functions if you feel that you have gained enough experience. If you have prior experience in finance you may request your principal to test you on the applicable functions. Once your logbook is completed you can apply for either Licentiate or Associate membership.
8. Recognition of prior learning
Should a prospective member be in the possession of a qualification that entails practical training relevant to local government finance, it could be recognised by the Institute. The person must register as a Junior member first. Then he/she can submit the applicable qualification to his/her principal. The principal may decide to sign the relevant functions included in the qualification off in the logbook or to test the student on those functions. A prospective member who already has a number of years experience in local government finance can request his/her principal to test him/her in specific functions. It is the prerogative of the principal to decide to test the Junior Member irrespective of which prior qualifications or experience the student might have in order to ensure that the student is competent in the functions of the Institute's practical training programme. Every prospective member, including those who have prior qualifications or experience is obliged to register as a Junior Member before applying for a higher level of membership.