CIPR publishes its Finance Report for 2013
The Chartered Institute of Public Relations (CIPR) has published its 2013 Finance Report, detailing how the Institute has delivered significantly better financial performance than forecast.
The CIPR made a retained surplus for the year of £189,774. This takes the Institute’s total reserves to £868,399 in line with its financial objectives.
2013 has seen a year of significantly better financial performance than forecast for the CIPR. While preceding years had seen an emphasis on maximising our cash reserves, the budget for 2013 sought to move the emphasis towards investing in infrastructure and capacity needed to advance the Institute’s work.
The forward plan can be characterised as a focus on the Institute’s core business, with an emphasis on membership, qualifications and training. The Institute will review its operations, curtailing unprofitable activities where possible, making modest increases in membership subscriptions and working to expand its markets with new business development capacity.
As the economic upturn continues to gather pace, the Institute will work to ensure that it is best placed to take advance of new opportunities, commercial and otherwise, which present themselves over the coming the year.
The full 2013 CIPR Annual Report will be published on Monday 12 May 2014, together with official notice of the AGM on Thursday 12 June 2014, held in Manchester.
Notes to editors
About the Chartered Institute of Public Relations (CIPR)Founded in 1948, the Chartered Institute of Public Relations (CIPR) is the Royal Chartered professional body for public relations practitioners in the UK and overseas. The CIPR is the largest membership organisation for PR practitioners outside of North America. By size of turnover and number of individually registered members, we are the leading representative body for the PR profession and industry in Europe.
The CIPR advances professionalism in public relations by making its members accountable to their employers and the public through a code of conduct and searchable public register, setting standards through training, qualifications, awards and the production of best practice and skills guidance, facilitating Continuing Professional Development (CPD), and awarding Chartered Public Relations Practitioner status (Chart.PR).