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70th
AFA Council Meeting
Date: 8 January 2001
Venue: Continental Hotel, Ho Chi Minh City Vietnam
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The
Vietnam Accounting Association (VAA) hosted the
70th AFA Council Meeting, held on 8 January 2001
at Ho Chi Minh City, Vietnam. Attended by representatives
from Singapore, Brunei, Indonesia, Malaysia, Myanmar,
Philippines, Thailand, Vietnam, Lao P D R, Australia
and the United Kingdom, the meeting called for
more help in accountancy training.
As professional standards and circumstances vary
widely among member nations, there is a problem
in the liberalization of the accountancy profession,
preventing the cross-flow of professional expertise.
More advanced countries like Singapore, Malaysia
and Thailand are encouraged to help less developed
countries like Myanmar and Vietnam, in accountancy.
Institute from non-ASEAN countries like The Institute
of Chartered Accountants in Australia (ICAA) are
admitted as associate members based on the criteria
that they make a commitment to train the accounting
profession in the less developed countries, especially
financially.
Singpore and Indonesian representatives told the
meeting the AFA should promote cooperation with
more developed countries. In particular, they
called for more support from Australia and the
United Kingdom, to coordinate with the AFA in
training accountants and auditors.
The issue of liberalization of services under
the ASEAN Framework Agreement was also discussed
at the meeting.
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As
we begin the year 2001, I am glad to note that
AFA's membership has increased from the initial
five at AFA's establishment to the present total
membership of thirteen.
At the 69th AFA Council Meeting in October, we
have seen the admission of Lao Institute of Certified
Public Accountants (LICPA) as a primary member
and Mongolian Institute of Certified Public Accountants
(MONICPA) and The Association of Chartered Certified
Accountants (ACCA) as associate members. AFA is
pleased to welcome these bodies on board. This
marks a significant step in the development and
enhancement of the countries' accountancy profession
in the region. As discussed at the recent 70th
AFA Council Meeting at Ho Chi Minh City, Vietnam,
member countries especially newcomers such as
Myanmar, Vietnam and Laos need more support, better
access to training, and assistance from more developed
countries to promote accountancy and auditing
in their respective countries.
As we are aware, such activities serve as a platform
for the discussion of issues affecting ASEAN accountants
and exchange of ideas and information, and are
thus important in facilitating the development
and enhancement of the accountancy profession.
I would like to thank all the member bodies for
their support for AFA's initiatives, activities
and programs in the past year.
I look forward to your continued support in this
new year as we plan for the 12th AFA Conference,
which will be hosted by the Institute of Certified
Public Accountants of Singapore.
In conclusion, I would also like to encourage
all the correspondents of The AFA Connection to
continue to keep us up-to-date on developments
in their accountancy organizations during the
year.
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AFA
COUNCIL MEETING FOR PRIMARY MEMBERS ONLY (8th
January 2001, 9.00am - 10.15am)
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1. Call the meeting to
order
Pres. Tan Boen
Eng
9:00 AM
2. Confirmation of Minutes of 69th
AFA Council Meeting - Udon Thani, Thailand
3.
Matters arising from last Minutes
4.
Primary & Associate Membership
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4.1.
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Primary
member
Cambodia - any progress |
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4.2.
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To
consider the proposal of Associate
member from The Institute of Chartered Accountants
in Australia (ICAA)
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5. AFA Financial Account
To consider and approve the AFA Financial
Accounts presented by AFA Treasurer
Mr. Roland Ma
10.15 AM
Tea - break
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AFA
COUNCIL MEETING FOR PRIMARY AND ASSOCIATE MEMBERS
(8th January 2001, 10.45 AM - 5.00
PM)
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6.
AFA Home Page
PICPA
10.45
AM
7. Brief Report of any latest development
of the Status of Accountancy Profession from
Members, if applicable.
(Written Reports Requested)
If no report presented by any of the Member,
this topic can be discussed at the next 71st
AFA Meeting.
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AFA
COUNCIL MEETING FOR PRIMARY AND ASSOCIATE MEMBERS
(8th January 2001, 10.45 AM - 5.00
PM)
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8.
Liberation of Services under the ASEAN FRAMEWORK
AGREEMENT. Accounting, Auditing and other
related services
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8.1.
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The
President, Mr. Tan Boen Eng to address
this issue and brief the Meeting of
the latest development
Pres. Tan Boen Eng
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8.2.
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Each
Member country to give reports as to:
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2.00
PM |
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8.21.
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Rules
& By - Law and other requirement
affecting the licensing of the
PublicAccountants in the Country
(Written Reports Requested)
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8.22.
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Comments
from each member country.
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8.23.
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Summary
and conclusion of the report,
if practicable.
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Amended
Notice of 70th AFA Council Meeting -
Ho Chi Minh City, Vietname (7 - 8 January
2001)
The
amended programme for the meeting is
as follows:
Social
activity, Tour
7 January 2001 (Sunday morning &
afternoon)
VAA
Welcome Dinner
7 January 2001 (Sunday evening)
AFA
Council Meeting
8 January 2001 (8:30 am) AFA
Hosted Dinner
8 January 2001 (Monday evening)
Flight
Details:
As a result of the change in programme,
your flight details and hotel accomodation
may be affected. Kindly inform
VAA of your flight details by completing
the registration form sent to you.
Please fax the completed registration
form directly to VAA (fax: 844-8686722)
and the AFA Secretariat (fax: 65-7498061).
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CPA
Requirements and information provided by Institute of Certified
Public Accountants of Singapore (ICPAS)
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