APEGBC uses a Sustainable Financial Management Policy in its planning, reporting and accountability that clearly outlines the Association’s goals and enables the public, government, members and other stakeholders to hold APEGBC accountable for its decisions and actions.

1.0 The key policies of the model are: 

1.1 There is an annual review of economies, efficiencies and effectiveness of current expenditures and revenue strategies
1.2 The Applications and Registration program (the intake process) will be financially self-sustaining
1.3 The Continuing Professional Development instructional and service delivery will be financially self-sustaining
1.4 Non-core programs are generally financially self-sustaining
1.5 The annual member fees fund only core programs
1.6 Membership growth is actively pursued
1.7 The annual member fee is reviewed each year

2.0 Sustainable Financial Model:

      2.1 The Sustainable Financial Model is based upon the:

           2.1.1 Strategic Service Plan (updated annually)
            2.1.2 Annual Council Priorities
            2.1.3 Annual Budget

     2.2 Key elements to the model:

     2.2.1 Core and Non-Core Programs
     2.2.2 Efficiency and Effectiveness
     2.2.3 Government Responsiveness
     2.2.4 New Initiatives
     2.2.5 Revenue Strategies
     2.2.6 Enhanced Regulation
     2.2.7 Affinity Programs
     2.2.8 Financial Structure

3.0 Strategic Service Plan:

3.1 The Strategic Service Plan will be the guiding document for Council, Committees, Divisions, Branches and staff to ensure alignment, and will be consistent with Council’s priorities. 

3.2 The Strategic Service Plan will:

3.2.1 Be Meaningful to all stakeholders
3.2.2 Be Comprehensive - cover all significant aspects of performance
3.2.3 Be transparent
3.2.4 Include an Annual Report of actual results

 4.0 Performance Reporting Principles:

4.1 Performance reporting principles will support an open and accountable Association —one that clearly communicates to stakeholders what the Association strives to achieve and what it actually achieves.

4.2 Performance Reporting Principles are:

4.2.1 Explain the public purpose served
4.2.2 Link goals and results
4.2.3 Focus on the few, critical aspects of performance
4.2.4 Relate results to risk and capacity
4.2.5 Link resources, strategies and results
4.2.6 Provide comparative information
4.2.7 Present credible information, fairly interpreted
4.2.8 Disclose the basis for key reporting judgements

Approved by Council May 11, 2007