2012 RAIC Annual Report - Royal Architectural Institute of Canada
2012 RAIC Annual Report - Royal Architectural Institute of Canada 2012 RAIC Annual Report - Royal Architectural Institute of Canada
Architecture Canada | RAIC External Relations In 2012, RAIC again held exchanges with its colleagues south of the border from the American Institute of Architects (AIA) during the annual AIA Convention held in Washington. RAIC’s President, David Craddock, FRAIC, attended the Australian Institute conference in Brisbane, and initiated discussions towards a Memorandum of Understanding (MOU) to encourage cooperation, resource exchanges and information exchange concerning best practices between the two Institutes. The MOU will be similar to one signed with the AIA in 2010, and is expected to be signed in 2013. In 2012, RAIC also renewed communications with the Royal Institute of British Architecture (RIBA), which proved timely as RIBA had recently completed a strategic review exercise similar to one the RAIC is currently engaged in. RAIC maintained its engagement as a member of the UIA – the international body bringing together more than 150 Institutes and associations from around the world – with Randy Dhar, PP/FRAIC, serving as one of three UIA Council members from Region III (Americas). The RAIC also continued as a member of the Pan-American Federation of Architects. Derek Lawrence Official launching of the Broadly Experienced Foreign Architect project during IIDEX – Sheena Sharp, FRAIC; André Bourassa, MIRAC; Hon. Diane Finley; Olena Pavlyuk; David Craddock, FRAIC Within Canada, the RAIC continued to interact regularly with the provincial and territorial regulators, notably by hosting semi-annual Roundtables to discuss issues of shared interest, such as the progress of the Broadly Experienced Foreign Architect (BEFA) program and completion of the renewal of Syllabus. These discussions also engaged the Canadian Architectural Certification Board (CACB) and the Canadian Council of University Schools of Architecture (CCUSA). RAIC Syllabus National Advisory Council inaugural meeting – RAIC Board Liaison Wayne De Angelis; Registrar Jeanné Fox; Gordon Richards (Chair); Syllabus Director Liza Medek; Brian Oakley; RAIC Centre for Architecture at Athabasca University, Douglas MacLeod; Alumnus Frances Di Giuseppe; Gordon Grice; Victoria Studio Coordinator Christine Lintott 38 Report on RAIC Activities | 2012 Annual Report
Architecture Canada | R AIC Financial Statements of the RAIC The following financial information has been extracted from the December 31, 2012 financial statements audited by Ouseley Hanvey Clipsham Deep LLP. A complete set of audited financial statements is available from the RAIC office upon request. Approved on behalf of the Board: Paul E. Frank, FRAIC Wayne De Angelis, FRAIC President Treasurer Balance Sheet as at December 31, 2012 2012 2011 ASSETS Current Cash $ 1,087,198 $ 747,293 Accounts receivable 65,033 39,314 Due from RAIC Foundation 43,023 106,816 Prepaid expenses 79,225 73,010 $ 1,274,479 $ 966,433 PROPERTY & EQUIPMENT 66,344 51,557 $ 1,340,823 $ 1,017,990 LIABILITIES Current Accounts payable $ 223,669 $ 82,642 Deferred revenue 358,485 303,500 $ 582,154 $ 386,142 NET ASSETS Invested in property and equipment $ 66,344 $ 51,557 Syllabus Fund 231,986 163,172 Unrestricted 460,339 417,119 758,669 631,848 $ 1,340,823 $ 1,017,990 39 Financial Statements of the RAIC | 2012 Annual Report
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Architecture <strong>Canada</strong> | R AIC<br />
Financial Statements<br />
<strong>of</strong> the <strong>RAIC</strong><br />
The following financial information has been extracted from the December 31, <strong>2012</strong><br />
financial statements audited by Ouseley Hanvey Clipsham Deep LLP. A complete set <strong>of</strong><br />
audited financial statements is available from the <strong>RAIC</strong> <strong>of</strong>fice upon request.<br />
Approved on behalf <strong>of</strong> the Board:<br />
Paul E. Frank, F<strong>RAIC</strong><br />
Wayne De Angelis, F<strong>RAIC</strong><br />
President<br />
Treasurer<br />
Balance Sheet as at December 31, <strong>2012</strong><br />
<strong>2012</strong> 2011<br />
ASSETS<br />
Current<br />
Cash $ 1,087,198 $ 747,293<br />
Accounts receivable 65,033 39,314<br />
Due from <strong>RAIC</strong> Foundation 43,023 106,816<br />
Prepaid expenses 79,225 73,010<br />
$ 1,274,479 $ 966,433<br />
PROPERTY & EQUIPMENT 66,344 51,557<br />
$ 1,340,823 $ 1,017,990<br />
LIABILITIES<br />
Current<br />
Accounts payable $ 223,669 $ 82,642<br />
Deferred revenue 358,485 303,500<br />
$ 582,154 $ 386,142<br />
NET ASSETS<br />
Invested in property and equipment $ 66,344 $ 51,557<br />
Syllabus Fund 231,986 163,172<br />
Unrestricted 460,339 417,119<br />
758,669 631,848<br />
$ 1,340,823 $ 1,017,990<br />
39 Financial Statements <strong>of</strong> the <strong>RAIC</strong> | <strong>2012</strong> <strong>Annual</strong> <strong>Report</strong>
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