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The 90th AFA Council Meeting, 2 Jun 2007, Da Nang, Vietnam
The 90th AFA Council Meeting was held on 2 June 2007 in Da
Nang, Vietnam. The meeting was attended by representatives
of its Primary Members from Brunei, Cambodia, Indonesia,
Malaysia, Myanmar, Philippines, Singapore, Thailand and
Vietnam. Representatives of its Associate Members present
were CPA Australia and ICAA.
Issues discussed at the meeting, among others were:
Approval to the Amendments of AFA Constitution and
By-Laws
The amended AFA Constitution and By-Laws were approved by
the Council unanimously.
Asia Focus Group – A Proposal from SAFA
The objective of this Focus Group is to facilitate and
organise the Asia regional workshop and relates meetings;
and to coordinate, disseminate and follow up on actions and
recommendations arising out of the workshop. Members of this
group will consist of the World Bank, ADB, South Asian
Development Fund, Islamic Development Bank, IFAC, AFA and
SAFA. This will be part of the IFAC Developing Nations
Committee (DNC) project. In addition, AFA also received a
proposal for cooperation from SAFA. The President will try
to arrange a technical meeting with SAFA to further discuss
the areas of cooperation. The meeting is planned to be held
in Singapore and ICPAS had been requested to assist in
organising the meeting.
Progress of AFA Strategic Plan 2006-2007
The President of VAA presented potentials and scenarios of
professional training cooperation among accounting and
auditing professional associations in ASEAN countries. The
objective of the presentation is to elaborate cooperation in
accounting and auditing training among ASEAN countries to
narrow the gap in terms of training quality and curricula
and move towards an ASEAN standard accounting and auditing
programme, which would be known as the ASEAN CPA training
programme.
The activities would be:
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Exchange information on training programme in order to
improve mutual understanding, evaluate correctly and fully
the capacity of each member association. |
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Exchange lecturers and students on the basis of mutual
interests and sharing of costs and opportunities among
students. Professional associations will be the contact
points to coordinate communications and organisation. |
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Develop common training programme at general level,
including training content, structure and curricula,
evaluation methodology, recognition and certification. |
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Establish training institutions and training courses. |
Council Members were then reminded that the AFA strategic
plans which are relevant to the proposal above would be:
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1. |
Identification of the Needs and Expectations of AFA Member
Bodies where a needs assessment programme for all members
will be conducted to identify what each member expects to
receive for its AFA membership. |
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2. |
Establishment and execution of training programmes on
various contemporary accounting topics to be held in various
AFA member countries. These training programmes are to be
taught by educators and skilled professionals from AFA
member countries. |
15th AFA Conference in Jakarta
The venue of the conference has been confirmed and it will
be held at the Mulia Hotel in Jakarta, Indonesia from 10-12
December 2007 and the theme of the Conference is “The
Dynamic Role of Accounting in Corporate Governance and
Sustainability: Challenges, Accountability, Motivation, Best
Practices & Learning Opportunities”.
Venue of the 91st AFA Council Meeting
The 91st AFA Council Meeting will be held on 31 August – 1
September 2007 in Siem Reap, Cambodia. |