Developing Nations Committee



Developing Nations Committee Newswire
IFAC 2007 Annual Report Points to Progress on Convergence; Highlights Commitment to Developing Nations
(April 24, 2008)
IFAC Focuses on Mentoring as Means to Strengthen Profession
(January 16, 2008)
IFAC Addresses Developing Nations, Small and Medium Practices and Regulatory Issues; Announces New Members and Board Members
(November 19, 2007)

The Developing Nations Committee supports the development of the accountancy profession in all regions of the world. The committee represents the interests of the developing profession, provides guidance and other resources to meet their needs, and seeks development assistance from the donor community for the strengthening of the accountancy profession in developing nations.


Purpose

The Developing Nations Committee has the following key responsibilities:

  • Support capacity building of the accountancy profession in all regions of the world;
  • Produce guidance and materials to assist in the development of professional accountancy bodies;
  • Provide input to international standard setters to ensure that they are aware of and give due consideration to issues relevant to the profession in developing nations; and
  • Collaborate with the donor community.
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Projects

The Developing Nations Committee undertakes numerous activities to support the development of the profession worldwide, including supporting the IFAC Member Body Compliance Program, collaborating with donor agencies, and organizing international conferences on development issues.

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Meetings

Past Developing Nations Committee Meetings
2007 Meetings
October 8-9, 2007 Almaty, Kazakhstan
June 11-12, 2007 Mexico City, Mexico
February 5-6, 2007 Manila, Philippines
2006 Meetings
2005 Meetings

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Resources

IFAC Publications

Establishing and Developing a Professional Accountancy Body

This good practice guidance covers the roles and responsibilities of a professional accountancy body, education and examination, and capacity development. It is intended to be a resource for existing IFAC member bodies and individuals and organizations involved in the establishment and development of the accountancy profession.

Feedback Requested

Click here to download a brief questionnaire that will assist the Developing Nations Committee in updating and enhancing this guidance. The questionnaire and any additional feedback as well as specific examples and case studies may be emailed to sylviabarrett@ifac.org.

Other IFAC Publications

In addition to the above, IFAC publishes numerous other materials that will assist professional accountants in developing nations as well as those interested in establishing a formal profession. Visit the IFAC online bookstore to access materials that may be downloaded free-of-charge.

Resources Developed by Other Bodies

Many IFAC member bodies as well as various regional accountancy bodies have produced standards and guidance for practicing auditors and accountants. The Developing Nations Committee has identified a number of resources that may of interest to the developing profession. Please note that that these resources have not been reviewed for quality or consistency with IFAC standards and guidance and, therefore, IFAC does not specifically endorse these materials.

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Key Contacts

Ignatius Sehoole, Developing Nations Committee Chairman
Sylvia Barrett (sylviabarrett@ifac.org) Deputy Director, Member Body Relations

For a complete list of committee members, click here.

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