The Scientific Society
sisr Società Italiana di Storia della Ragioneria

Article 1 – The Italian Society of Accounting History (SISR) was founded in 1984 in Pisa, under the auspices of the Comité International des Historiens de la Comptabilité (Belgium), the Institut Francais des Historiens Comptables (France), the Accounting History Society (United Kingdom), the Academy of Accounting Historians (USA) and the Accounting History Association (Japan). The Society is based in Pisa.

Article 2 - The Society pursues scientific and cultural interests, and is a non-political, no-profit organisation. The purpose of the Society is to promote, disseminate and develop historical studies in the field of Accounting and other business disciplines.

Article 3 – The Society can develop relations with any Italian or foreign institution operating in its areas of interest and related areas.

Article 4 - The Society can possess its own patrimony, made up of contributions in kind, bequests and donations from bodies and private entities as well as any annual financial surplus.

Article 5 – The ordinary income of the Society is made up of annual subscriptions and contributions of ordinary members, correspondents and supporters as provided for in art. 6, any other contributions from other private individuals or bodies, as well as returns from the management of the social patrimony.

Article 6 – The members may be: honorary; ordinary; correspondent; supporters. The honorary members are appointed from among those who have contributed with particular merit and benevolence to further the aims of the Society. Those admitted as ordinary members are people who demonstrate a cultivated interest in historical studies in the field of Accounting or other business disciplines. Those admitted as correspondent members are people who undertake to cultivate historical studies in the field of Accounting or other business disciplines. Those admitted as supporting members are people and bodies who are interested in the Society’s activities and undertake to provide support with monetary contributions, or those in kind or in work.

Article 7 – Scholars from other countries whose renown is clearly established can also be appointed as honorary members.

Article 8 – Admission as ordinary and corresponding members requires a written proposal from at least two ordinary or honorary members, accompanied by a short curriculum vitae undersigned by the proponents. The proposal must be forwarded to the Chairman of the Executive Board of the Society. Appointments as honorary member and admission as supporting members, on the initiative of the Executive Board, is approved by the members’ meeting.

Article 9 – The Executive Board approves the nominations for the various member categories to propose to the Assembly with a favourable vote of the absolute majority from the Councillors.

Article 10 – At the moment of admission, ordinary and corresponding members pay a fixed fee. The ordinary and corresponding members contribute to the Society’s charges by means of an annual quota. The ordinary and corresponding members’ fixed fee and annual quota, as well as the annual contribution in money, in kind or in work made by the supporting members, are established by the Assembly based on a proposal by the Executive Board. The annual quota is not transferable.

Article 11 – The members cease to form part of the Society following resignation, forfeiture or exclusion. Resignations are received by the Executive Board. In first instance the Executive Board reserves the right to reject them, and will involve the Assembly where necessary. Forfeitures are decided by the Chairman, in the event that three outstanding annual quota payments have been ascertained. Forfeiting members may request new admission once three years have passed following a declaration of forfeiture. Exclusions are approved by the Assembly, based on a proposal from the Executive Board, in the event of proven unworthiness.

Article 12 – The organs of the Society are as follows: the members’ Assembly; the Executive Board; the Board of Auditors; the Chairman, the Board of Past Chairmen. The Executive Board can appoint an honorary Chairman, which has the same duration as the Board.

Article 13 – The Assembly is made up of honorary and ordinary members. It is convened by the Chairman at his discretion, following the approval of the Executive Board or at the request of at least a tenth of the ordinary members, on condition that the agenda is specified. Members whose annual quota payments are not up to date are excluded from any assembly initiative (request for convocation, participation, voting also by means of proxy, active and passive electorate). Correspondent and supporting members can also participate in Assemblies, without the right to vote. Where the subjects of assemblies are scientific reports or discussions, they may be opened to the public following the express approval of the Executive Board.

Article 14 – The Assembly: elects the members of the Executive Board and the Board of Auditors; approves in respect of admission, appointment and exclusion of members; approves the Budget plan and the Final Balance and approves activity programmes submitted by the Executive Board; approves any amendments to the Statute and anything else submitted by the Executive Board. Notification of convocation, to be sent (even only by email) at least twenty days before the meeting, must include the agenda scheduled for the sitting.

Article 15 – The honorary and ordinary members may send a representative to the Assembly by means of written mandate issued to another honorary or ordinary member who is not a member of the Executive Board and the Board of Auditors. Each member is allowed no more than five mandates. The ordinary member’s mandate is only valid if the delegating member’s annual quota payments are up to date on the day the Assembly is convened. The Assembly is properly constituted at the first convocation with the participation (of people or by proxy) of at least half plus one of the entitled members; the second convocation, which may also take place in the following hour of the same day on which the first is scheduled, is properly constituted however many people attend, excepting for Assemblies for Statutory amendment which also require half plus one of the honorary or ordinary members present or represented by proxy at the second convocation. This can pass approval with the majority of the votes both at the first and second convocation.

Article 16 – The Executive Board is constituted by 11 (eleven) ordinary members, 10 (ten) of whom are elected by the Assembly by secret ballot, chosen from among the ordinary members and one appointed for each mandate by the National Board of Qualified Accountants and Accounting Experts. Only ordinary members whose membership quotas have been paid up to date on the day the Assembly is convened are eligible for the Executive Board. Only ordinary members present during the Assembly convened are eligible for the Executive Board. The Executive Board appoints from among its members the Chairman, two Vice Chairmen, the Secretary and the Treasurer. The Executive Board holds all the powers required to pursue the social purposes that are not reserved for the Assembly. The Board in particular: decides on the suitability of admission, appointment and exclusion of members in respect of the Assembly; sets in motion the approval of the Assembly; plans the annual programme of the Society’s activities; draws up the Budget plans and Final Balance prepared by the Treasurer at the request of the same, for the approval of the Assembly; approves the report on the activities carried out by the Society; supervises the use of the social funds, making the appropriate arrangements with the Treasurer; supervises the Society’s publications and the purchase of books, journals and other bibliographical material, making the appropriate arrangements with the Secretary; approves the annual report, which is sent to the Ministry for Cultural and Environmental Heritage, concerning the activities carried out by the Society; promotes suitable joint activities with institutions in Italy and abroad; appoints the scientific director and, with him, the other organs of the “Rivista Contabilità e Cultura Aziendale – Accounting Cultures”.

Article 17 – The members of the Executive Board hold their office for three social years and can only be re-elected once. In the event that one or more Councillors become unavailable during the three-year period, they will be replaced by those awarded the highest number of votes in order in the elections for the Board. In the event that a majority is no longer reached by the members, the Assembly must be convened in order to provide for integration within the organ. In any case, members appointed in this way will hold office until those already in office hold theirs.

Article 18 - The Executive Board is properly constituted when at least half of its components are present. The Executive Board passes approval with a majority of those present, excepting for cases provided for by art. 9. In the event of equal votes, the Chairman’s vote is final.

Article 19 – The Chairman is the legal representative of the Society. He convenes and presides over Assembly and Executive Board meetings, drawing up their respective agendas; he also undersigns society documents and ensures that statutory provisions are complied with, as well as Executive Board and Assembly decisions. He notifies the Ministry for Cultural and Environmental Heritage about the appointments of Society members, Executive Board members, and also the names of the Chairman and Vice-Chairmen; he sends the annual report to the Ministry itself as provided for by letter i.) of art. 16 above.

Article 20 – The Vice-Chairmen assist the Chairman and stand in for him in the event of absence or impediment in order of length of membership.

Article 21 – The Secretary supervises the drafting of minutes, press releases, Society publications as well as the purchase and safekeeping of books, journals and other bibliographical material, in accordance with Board’s directives. They are also in charge of the Society’s archive and bibliographical material.

Article 22 – The Treasurer is responsible for the social treasury, prepares the project for the Budget plan and Final Balance according to the Executive Board’s instructions; he provides for the collection and making of payments and deals with the running of the Society’s administrative affairs.

Article 23 – The Board of auditors is composed of three actual members and two substitutes, elected by the Assembly from the ordinary members. The Board nominates the Chairman from among its members. The auditors carry out checks on the administration of the Society, prepare the annual report to attach to the Budget plan and Final Balance; in addition, they may carry out inspections, on the Society’s assets and documentation, either individually or as a board, at any time.

Article 24 – The members of the Board of auditors hold office for three years and can only be re-elected once. They may take part in Executive Board meetings without the right to vote. In the event that one or more auditors become unavailable during the three-year period, they will be replaced by the substitute auditors until the assembly mandate ends. In the event that all of the members end their office, the Assembly must be convened to provide for the reconstitution of the organ. In any event, members appointed in this way hold office until those already in office do.

Article 25 – The Board of Past Chairmen is composed of those who held the office of Chairman for the Italian Society of the History of Accounting. The Board has a consultancy function, aimed at assisting the Executive Board and the Chairman in their tasks.

Article 26 - The Executive Board can set up special Commissions in order to promote the development of specific activities aimed at pursuing the institutional aims of the Society. Such Commissions are presided over by the Ordinary members or Honorary members with proven experience in the field of studies of the History of Accounting.

Article 27 – The social and financial years begin on the 1st of January and end on the 31st of December. The Budget plan must be drawn up and presented to the Assembly for approval by the end of the first month of the year concerned. The Final balance constitutes the economic and financial statement which must be drawn up and presented to the Assembly for approval within nine months of the year concerned, accompanied by the relevant report. Any remaining profits or management surplus as well as funds, reserves or capital cannot be distributed, indirectly or otherwise, during the life of the association.

Article 28 – The assets making up the Society’s patrimony must be described in a specific inventory. In the event the Society is dissolved, due to any cause, the patrimony must be devolved to another association with similar aims or those of public use.