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To achieve the vision and mission, it is proposed that
AFA pursue the following strategic objectives that would
be the basis for its operational plan:
1. Strengthening AFA institutional capabilities;
For any organisation, institutional capabilities are
critical in order for the objectives of the organisation
to be achieved. With respect to AFA, enhancement may be
required to be made in the following areas:
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Project coordination and monitoring.
A project coordinator has been assigned and the contacts
for the project have also been established. |
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Communication – internal and external which includes
enhancement of the website. |
2. Supporting the capacity building of member
institutions;
In order for each AFA member institution to be effective
in their own country and to position AFA as a
respectable regional organisation, AFA could support the
capacity building of members institutions through:
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Being the platform for cooperation among member
institutions in sharing best practices and resources,
especially in enabling all members to comply with IFAC
Statement of Membership Obligations, when applicable. |
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Collaborate with developmental agencies such as Asian
Development Bank on capacity building activities within
the ASEAN region. |
3. Championing specific issues which would promote
the standing of the accountancy profession within the
ASEAN region.
This would make AFA visible as the body which represents
the interest of the accountancy profession for the
region and would act as one of the platforms for member
institutions to bring their issues into the
international arena. Among the activities that could be
considered include:
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Conduct or participate in research in areas which
would benefit member institutions at large. |
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Organise conference and training activities in areas
which would enhance the accountancy profession as well
as the economy at large in the ASEAN region. |
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Act as the voice of the ASEAN accountancy fraternity
by communicating the stand of the accountancy profession
to relevant stakeholders on matters which are important
to the region or internationally. |
Strategy
Implementation
Some projects identified under the
strategic objectives have been completed while others
are still being pursued.
Projects that have been completed
are:-
Projects that are still being
pursued:
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Survey on AFA Member Bodies’ Readiness on the
Implementation of ISQC 1. |
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Public
Sector Conference on Public Sector Accounting
Standard and other PSC Guidance. |
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Accounting for Small and Medium Enterprises (SMEs) in
the ASEAN region. |
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