International Involvement
SAICA members serve on international accounting bodies including; the trustees of the International Financial Reporting Standards Foundation (IFRS Foundation), the International Accounting Standards Board (IASB), the International Financial Reporting Interpretations Committee (IFRIC) and the Council of the International Federation of Accountants (IFAC).
International contact and co-operation is fundamental to the standing and image of SAICA. Hence, the institute plays an influential role in the Eastern, Central & Southern African Federation of Accountants (ECSAFA). ECSAFA coordinates the development of the accountancy profession and promotes internationally recognised standards of professional competence and conduct in Eastern, Central and Southern Africa. SAICA was a charter member of the Pan African Federation of Accountants, which was inaugurated on 5 May 2011.
SAICA is also a member of the Global Accounting Alliance (GAA) – an alliance of the world’s leading professional accountancy bodies, which was formed in 2005. The GAA is intended to promote quality services, share information and collaborate on important international issues. It works with national regulators, governments and stakeholders, through member-body collaboration, articulation of consensus views, and working in collaboration, where possible with other international bodies, especially IFAC.
Read more about this topic: South African Institute Of Chartered Accountants
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