Membership
 

How Does MGI Help Its Members?

Are you worried that you may lose those of your clients who are developing international accountancy needs?
Are you a partner in an independent firm looking for international support, but without losing your independence?

MGI is an international association of independent accounting and consulting firms world-wide. They have no equity interest in each other and practise under their own name, although members are encouraged to add the prefix MGI.

Aims of MGI

  • To help members provide the best professional service to their clients world-wide, through mutual assistance
  • To develop understanding and friendship between members world-wide
  • To develop, maintain and increase the professional service capabilities of all members
  • To educate members, through an exchange of literature, training, seminars and quality control reviews
  • To help fellow members, their employees and clients in a non-professional capacity
Membership Quick Links:

Member Benefits:

What Do MGI Members Receive?

  • Access to international knowledge
  • Immediate assistance for clients wishing to expand abroad
  • Membership of an international body
  • Local prestige
  • A broadening of horizons and educational opportunities
  • Work assistance
  • Increased interest and motivation for staff
  • An opportunity (or excuse, if needed!) to travel
  • Access to marketing advice and materials and the benefit of joint marketing efforts
  • The possibility of work referrals

What MGI Members Can Offer Their Clients?

  • Professional services, throughout the world, from firms similar in size and quality to your own, that you know operate to the highest standards
  • Accurate information on other countries
  • Immediate contact in other countries with other professionals known to you

Meetings:

MGI Member Meetings

A regular program of regional, national, international and special interest meetings is undertaken throughout the year:

  • The MGI Annual General Meeting is held in a different country each year. Members are encouraged to bring their family partners. A full schedule of cultural and social events is included
  • Area meetings are held annually
  • Common interest/language groups meet more frequently to encourage closer working relationships between member firms

Requirements:

MGI Member Requirements

Members comprise a variety of large, medium and small firms. They are expected to:

  • Be interested in, and able to contribute to, international activities
  • Be prepared to attend local area and international meetings and participate in and support MGI through contributions of their time
  • Be of a size which is generally compatible with that of the other MGI members
  • Be able to provide the highest quality work, according to local and national conditions
  • Be knowledgeable on all aspects of their home country's profession, commerce, politics and economy
  • Be capable of dealing with clients currently or potentially involved in international business transactions
  • Respond promptly to inquiries from other MGI members or requests for information from the secretariat

Members must:

  • Refer any of their clients wishing to do business in a country in which MGI is represented to the local MGI member, provided that the local member is capable of providing the services required and that the client has not stipulated that another firm be used
  • Pay their association fees promptly and pay any service fees due to other members promptly
  • All potential members must pass a practice review programme (PRP), carried out by an existing MGI member, before being invited to join MGI

How to Join:

How To Join MGI North America

Contack Charles Postal, North American Area Coordinator:


Member Fees:

MGI Membership Fees

An applicant for membership is asked to contribute US$200.00 towards the cost of the initial practice review programme (PRP), which must be undertaken before admission. This will be credited towards the entrance fee of US$1,500.00, if the firm is then accepted for MGI membership.

The annual membership fee is set by the International Committee each year. The association is non-profit making, so the fee is set at the minimum necessary to cover its annual budget. It is currently 0.18% of each member firm's total revenue, subject to a minimum of US$2,250.00 and a maximum of US$13,500.00 per firm. There is also a US$2,000 North American regional fee.