Does ABTOT have very strict accounts rules?
To some extent this depends on the size of the programme. If members operate on a substantial scale then ABTOT will expect the resources of the member to be appropriate. Alongside the financial review ABTOT carries out a member profile for each applicant to see what risks it might represent to the association in the event of financial failure. This member profile review involves looking at the quality of management, expansion plans, commitments, selling prices and margins, cash balances throughout the year. The general rule is that ABTOT members are expected to maintain and wherever possible improve the financial strength of the travel organiser on a year by year basis.
