Regional SMO Workshop Held in Costa Rica; Follow-up Quality Assurance Webinar Planned

Mar 04, 2016 | at SMO Workshop | Costa Rica | English

Presenters and hosts

Sylvia Tsen, IFAC Senior Director, Quality & Member Relations

Joseph Bryson, IFAC Deputy Director, Quality & Membership

IFAC hosted a Statements of Membership Obligations (SMOs) workshop in San Jose, Costa Rica, February 13 in cooperation with the Colegio de Contadores Públicos de Costa. More than 30 representatives from 17 professional accountancy organizations (PAOs) in Central and South America and the Caribbean attended to discuss regional issues affecting the profession.

The workshop focused on the progress in fulfillment of the SMOs in the region and provided a key opportunity for PAOs to share experiences, both successes and challenges, and identify opportunities for regional collaboration.

Common challenges in the region identified by PAOs include: fragmented and outdated legal framework; lack of technical and financial resources; changes in PAO governance and a lack of strategic planning; and the effective implementation of quality assurance systems.

To support establishing sound quality assurance systems, one of the key challenges identified during the workshop, IFAC will host a webinar during the second quarter of 2016, specifically targeting Latin America and Caribbean. If you are interested in being notified as details become available, please email

Workshop presentation are available online; please note, some presentations are in English and some are in Spanish.


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