Accounts Payable News^®

The IAPP (International Accounts Payable Professionals) announced today that despite a contracting UK economy, the launch of their British subsidiary - IAPP-UK has been a resounding success.  With a month on month increase in membership, the association thrives by continuing to expand its knowledge bank.

The Reading based organisation stated that it was offering membership at the reduced rate of £99 (rather than the usual £149), up until the end of October 2009. The only association of its kind in the UK, the IAPP-UK recognised a gap in the market – which AP Managers and other AP professionals are pleased to see filled in such a comprehensive way.

International Accounts Payable Professionals UK is a not for profit organisation aimed at raising the profile of AP as a profession, and empowering its members through training, online seminars, networking and a chance to study for an AP qualification. 

www.theiapp.co.uk

http://www.timesonline.co.uk/tol/money/consumer_affairs/article6730354.ece

13 July 2009, US

Criminals are using a new form of fraud in an effort to obtain money from banks and their customers, it has been suggested.

10 July 2009, New York

A former vice president of Morgan Stanley is to plead guilty to charges of stealing $2.5m from the company.

Success Marred by What Ifs

In 2004, the Government set out the Gershon Review which outlined a need for all Government bodies to cut their operating costs by 2.8% by 2008 – a saving of £20bn.  Over the last four years, this has been the driving force for IT investment in local government with the aim of improving efficiency and standards of service provision.  The ultimate aim being to redirect the savings made directly to public services.