Feb 26, 2018
Quality & Development
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Realizing the Power of PAOs in Southeast Asia
In July 2017, more than 80 representatives representing 15 professional accountancy organizations (PAOs) in the ASEAN region and neighboring Asia-Pacific countries, regional bodies, and donor and development agencies gathered in Hanoi, Vietnam to participate in a Statements of Membership Obligations (SMO) workshop, co-organized by the IFAC Quality & Development (Q&D) staff and the Vietnam Association of Certified Public Accountants (VACPA).
Under the theme of Realizing the Power of PAOs: Credibility, Competency, and Collaboration, the one day workshop provided PAOs and key stakeholders the opportunity to take stock of the current state of the accountancy profession in the region and discuss challenges and successes affecting the profession. The main discussion points and conclusions from the workshop are available, which will be helpful to those working to strengthen PAOs.