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Question - Beginning with the 2017 fiscal year, the American institute of certified public accountants began producing an integrated annual report for the Association of international certified professional Accountants (Association). The annual report emcompasses the activites and performance of the AICPA and chartered intstitute of Management Accountants (CIMA). Go to the website for the Association and obtain the most recent annual report. The annual report necessary to answer the following questions can be located under the tab that pro-videos information about the organization.
Required -
a. How many members and students belong to the Association? Where are they located?
b. What is the composition of the board that governs the Association? What are its primary responsibilities?
c. The association evaluates its performance based on several key performance indicators (KPIs), and how did the actual results compare with the targeted results?
d. What is the Association's program expense efficiency ratio? How does the Association's ratio compare to the ratios of the charitable organizations listed in the illustration 13-8? Would you expect the ratios to be similar? Why or why not?
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