Asean Federation of Accountants
Encyclopedia
The Asean Federation of Accountants (AFA) is the body that represents the accountancy
profession in the Asean region. AFA was established in 1977 and is led by a Council consisting the representatives of the national accounting bodies of the 10 member countries in Asean.
The members of AFA are:
In addition to the activities which support the development of the accountancy profession, AFA is also involved in assisting its members to comply with the membership obligation of the International Federation of Accountants
and provide assistance to non-IFAC members to join the international federation.
AFA organises its AFA Conference every 2 years. The last conference was held in Bandar Sri Begawan, Brunei. Indonesia. Traditionally, the changes in AFA presidency would be made during the AFA Conference.
Accountancy
Accountancy is the process of communicating financial information about a business entity to users such as shareholders and managers. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management; the art lies in...
profession in the Asean region. AFA was established in 1977 and is led by a Council consisting the representatives of the national accounting bodies of the 10 member countries in Asean.
The members of AFA are:
- Brunei Institute of Certified Public Accountants
- Federation of Accounting Profession, Thailand
- Ikatan Akuntan Indonesia
- Kampuchea Institute of Certified Accountants & Auditors
- Lao Institute of Certified Public Accountants
- Malaysian Institute of AccountantsMalaysian Institute of AccountantsThe Malaysian Institute of Accountants is a statutory body responsible to regulate the accountancy profession in Malaysia. It is the sole organisation in Malaysia with the right to determine whether or not a person is qualified to be recognised as an accountant by virtue of the power provided by...
- Myanmar Accountancy Council
- Philippine Institute of Certified Public AccountantsPhilippine Institute of Certified Public AccountantsThe Philippine Institute of Certified Public Accountants is the national professional accountancy body of Philippines.-Aims:It was established with the following aims and purposes:...
- Institute of Certified Public Accountants of Singapore
- Vietnam Association of Accountants and Auditors
In addition to the activities which support the development of the accountancy profession, AFA is also involved in assisting its members to comply with the membership obligation of the International Federation of Accountants
International Federation of Accountants
International Federation of Accountants is the global organization for the accountancy profession. IFAC has 164 member and associates in 124 countries and jurisdictions, representing more than 2.5 million accountants employed in public practice, industry and commerce, government, and academe...
and provide assistance to non-IFAC members to join the international federation.
AFA organises its AFA Conference every 2 years. The last conference was held in Bandar Sri Begawan, Brunei. Indonesia. Traditionally, the changes in AFA presidency would be made during the AFA Conference.