The 95th AFA Council Meeting, 24-25 October 2008, Kuala Lumpur, Malaysia

The 95th AFA Council Meeting was successfully held on 25 October 2008 at the Grand Millennium Hotel in Kuala Lumpur Malaysia. The meeting was attended by representatives of its Primary Members from Brunei, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand and Vietnam. Representatives of its Associate Members who attended the meeting are ACCA, ICAA and CPA Australia.

Among the issues that were discussed at the meeting were formalising of the 2008-2011 AFA Strategic and Operational Plans which were subsequently endorsed by the AFA Council. The meeting also discussed the setting up of the AFA Task Force on Regional Accounting Standards where Prof. Kesree Narongdej, the President of FAP shall lead and be responsible to set up the task force. The meeting was also given the preview of the proposed new AFA website.

The meeting also agreed to develop a set of criteria for research papers to be considered for AFA sponsorship with Dr. Djoko Susanto of IAI leading in coming up with the said criteria to be used for future consideration of any research proposals. Before the meeting was adjourned, the AFA Council had confirmed the date and venue of the 2009 AFA Council Meetings.