To provide an organisation for ASEAN Accountants for the further advancement of the status of the profession in the region with the view to establishing an ASEAN philosophy on the accounting profession.
The ASEAN Federation of Accountants (AFA) successfully held its 19th AFA Conference in Manila, Philippines on 4 December 2015, hosted together by the Philippine Institute of Certified Public Accountants (PICPA). The conference was held at the AIM Conference Center Manila, and was attended by 350 participants, discussing issues that are related to the conference theme, “ASEAN Integration: Opportunities and Challenges for SMEs and SMPs”.
This prestigious event was officially opened by the President of AFA, Ms. Estelita C. Aguirre, the President of PICPA, Mr. Dominador A. Barrion and the Chairman of BOA, Hon. Joel Tan-Torres. After delivering their warm welcome to the participants, the three of them encouraged accountants to fully participate on the launched of ASEAN Economy Community (AEC) 2015. They believe that the accountancy profession has the capacity to lead the contribution to the public sector, in supporting the national and regional economy.
Among the speakers involved in the conference was the Senior Economist, Economic Research and Regional Cooperation Department, Asian Development Bank, Mr. Guntur Sugiyarto, who delivered the conference keynote speech. In his keynote address Guntur reported from the 27 ASEAN Summit in Kuala Lumpur last November 2015 that the AEC 2015 has reach the 92,7 % progress to complete, the remaining 7% is a part of skills mobility preparation. This will produce the biggest challenges in the implementation of the AEC 2015, especially in implementation of the free flow of skilled workers. Mutual Recognition Arrangement (MRA) in Accountancy Service will take an important role in facilitating the movement of qualified accountants to meet the demand and supply of foreign workers. The benefit of this action is to create a flexible and efficient labor market that would attract investments and skill workers.
In response to the main theme of the conference, the AFA Executive Director, Mr. Aucky Pratama deliver his presentation about AFA and its activities on SMEs and SMPs. On the following session, the Director Emerging Market of ACCA, Ms. Lucia Real Martin presented her views on ‘Maximising Opportunities of Accountants from the ASEAN Integration’. Prominent speakers around the ASEAN region such as the newly appointed President of MIA, President of ISCA and Partner of SGV Philippines were also in attendees.
Clock ticking to AEC 2015, the audiences heard from experts about ASEAN Integration: Boon or Bane for SMEs and SMPs and Quality Assurance Review on the Panel Discussion 1 and 2 led by Vice President for Operation PICPA and Head of International Capacity Building, ICAEW, respectively.
This event was proudly supported by the Institute of Chartered Accountants in England and Wales (ICAEW) and Association of Chartered Certified Accountants (ACCA) as the respective strategic gold partners, CPA Australia as the silver sponsor, and CAANZ, SGV & Co. Philippines, Land Bank, Diccion Law Firm and BDO Audit Fimrs as the bronze sponsors. Last but not least, the conference was also supported by a number of donors; SM Investments Corporation, Achieve Without Borders, Inc., The Hsin Enterprise Phil. Corp., Villaruz, Villaruz & Co., Fernando Gallardo&Co., Gallardo Songco and Associatees, Hillmarcs Construction Corp., Asian Institute of Taxation, and E-Files Software Support,Inc. AFA and PICPA is proud to work together with these partners and organisations in delivering values to accountants in the ASEAN region.