Association of Professional Financial Managers
Associate | Established: 2007 | Associate since 2022
The Association of Professional Financial Managers (APFM) was established in 2007 as a non-for-profit legal entity with the mission of developing the accountancy profession. In 2019, following the adoption of a new Law on Accounting that introduced regulation of the accounting profession, APFM was acknowledged as a professional accountancy organization (PAO) for chief accountants, financial managers, and other professionals with the responsibility of supervising the professional activities of its members, representing their interests, and providing expert advice to other stakeholders involved in policy development. By end of 2023, qualification as a Professional Accountant and membership in an accredited PAO is mandatory for all chief accountants. APFM organizes the pre-requisite education programs for obtaining a Professional Accountant certificate, offers several other specialization certificates, organizes seminars, information exchanges, and round table discussions, both nationally and internationally. APFM is a member of the European Federation of Accountants and Auditors for SMEs.
Statements of Membership Obligation (SMO)
The Statements of Membership Obligations form the basis of the IFAC Member Compliance Program. They serve as a framework for credible and high-quality professional accountancy organizations focused on serving the public interest by adopting, or otherwise incorporating, and supporting implementation of international standards and maintaining adequate enforcement mechanisms to ensure the professional behavior of their individual members.
Methodology
Last
updated: 11/2022
We welcome feedback. Please email membership@ifac.org
Status of Fulfillment by SMO
Disclaimer
IFAC bears no responsibility for the information provided in the SMO Action Plans prepared by IFAC member organizations. Please see our full Disclaimer for additional information.
Contact
1996 Y.V.Chamanzaminli Str, 3rd floor
Baku city, "Afen Plaza" AZ1052
Azerbaijan
Tel: (+99412) 564-22-37
office@apfm.az
https://www.apfm.az/en/