Dame Onome Adewuyi is the Executive Director, Finance and Administration, at Cynergy Platforms Limited, which she co-founded. Previously, she worked at Fidelity Bank Plc from 1997 to 2015 where she rose to the position of Executive Director, Risk Management, from 2009 to 2015.

Dame Adewuyi’s career spans more than 35 years and includes many sectors, including manufacturing, oil and gas, and banking. She was the 56^th president of the Institute of Chartered Accountants of Nigeria (ICAN) from 2020 to 2021 and on ICAN’s Governing Council for 15 years, chairing and serving on many different ICAN committees, as well as being an ICAN Honorary Treasurer for three terms.

Dame Adewuyi’s service to the accountancy profession at the international and regional level include being appointed to the Public Interest Oversight Board’s Standard-Setting Boards’ Nominations Committee; serving as president, Council member and honorary treasurer of the Association of Accountancy Bodies of West Africa; chairing of the Society of Women Accountants of Nigeria; and being a Pan African Federation of Accountants board member.

Dame Adewuyi has served on the boards of several public and private companies as well as government agencies, including the Financial Reporting Council of Nigeria and Law Union and Rock Insurance Plc. She is currently the chair of the board of Dominion Finance Company Limited and a non-executive director at Dominion Trust Limited. She was also recently appointed as chair of the NDDC Cooperative Society MicroFinance Bank.

Dame Adewuyi holds a B.Sc. second class Honours, Upper Division Degree in Accounting from the University of Benin, Nigeria, and an M.Sc. Degree in Banking and Finance from the University of Lagos, Nigeria. She qualified as a Chartered Accountant (ACA) in 1986, conferred (FCA) of ICAN in 1997. She also qualified as a Chartered Banker (ACIB) in 1993 and was conferred a Fellow of the Chartered Institute of Bankers in 2007. She is also a Fellow of the Risk Managers Association of Nigeria, where she was the vice president in 2007, and has attended several programs at international business schools internationally and in Nigeria.

Helen Partridge was named IFAC’s CFO in April 2023. She leads IFAC’s finance team, manages its sustainability and carbon footprint reporting, and provides counsel to IFAC’s CEO. Ms. Partridge is also IFAC’s Director, Accountancy Education, leading IFAC’s global approach to advancing accountancy education, including working with the International Panel on Accountancy Education and education directors at IFAC’s member organizations and the Forum of Firms member firms. 

Prior to joining IFAC, Ms. Partridge was an accountant in practice, having spent 16 years in audit, advisory and audit systems design in the US and Asia Pacific. She has also served in the controllership function at a large multinational transportation company working with GAAP conversions, financial statement preparations and complex and significant transactions such as business combinations and tax planning. Ms. Partridge also serves on a not-for-profit board and is a CPA licensed in multiple states in the United States.

Agreed-Upon Procedures (AUP) engagements provide a great opportunity for small- and medium–sized practices (SMPs) to grow, and deliver a valuable client service. IFAC (The International Federation of Accountants) has released a new publication, Agreed-Upon Procedures (AUP) Engagements: A Growth and Value Opportunity. The publication describes AUP engagements, when they are appropriate, and, identifies key client benefits. It also covers examples of financial and non-financial information AUP engagements and provides six short case studies with example procedures that might be applied.

This short video highlights the concepts, proposals and IPSASB preliminary views contained in the Accounting for Revenue and Non-Exchange Expenses Consultation Paper.

The deadline for commenting on the IPSASB Consultation Paper Revenue and Non-Exchange Expenses closes on 15 January 2018.

Williard Yohana Kalulu was appointed in October 2017 to serve as Technical Advisor for Ms. Neema Kiure-Mssusa, who is a member of the IPSASB. Mr. Kalulu is a Chief Accountant at the Treasury Registrar’s Office under the Ministry of Finance and Planning Dar es salaam Tanzania. He was nominated to his position with the IPSASB by the Ministry of Finance and Planning in Tanzania.

Mr. Kalulu is a Certified Public Accountant (CPA-T) with a post graduate diploma in Accountancy from Institute of Accountancy Arusha, a diploma in IPSAS from National Board of Accountants and Auditors, and an advanced diploma in Accountancy from St Augustine University of Tanzania. He is also a holder of Master of Science in Accounting and Finance from the University of Dodoma, Tanzania.

Mr. Kalulu joined the Ministry of Finance and planning in 2011 after working for Local Government Authorities (Uranbo District Council) for seven years. His expertise as a professional accountant stretches over the past decade and a half working as a financial statements accountant. He has been appointed to be a Member of the Technical Service Committee with the National Board of Accountants and Auditors. He saved a working group which championed the adoption and implementation of IPSAS accrual basis in Tanzania for the seven years with Ministry of Finance and Planning.

Dr. Neema Kiure-Mssusa joined the International Public Sector Accounting Standards Board (IPSASB) in January 2018. In 2016 and 2017, she served as a member of IPSASB Consultative Advisory Group.

Dr. Neema has been the team leader in the International Public Sector Accounting Standards (IPSAS) implementation project for the Government of Tanzania since 2008. She has assisted the Tanzania Ministries, Departments and Agencies (MDAs), Local Government Authorities and other Public Sector Entities on IPSAS implementation projects. Tanzania started complying with accrual based IPSAS during the year ended 30 June 2013. Thereafter, she has been working closely with the National Board of Accountants and Auditors (NBAA) and Accountant General’s Department to ensure that IPSAS updates are implemented effectively.

Dr. Neema is an Assurance Partner at Ernst & Young, Tanzania, where she serves several Tanzanian private and public sector entities. She was the Vice Chairperson of the NBAA from June 2018 to May 2021, and the current Chairperson of Tanzania Association of Women Accountants (TAWCA). She is also a member of the Interim Academic Advisory Committee (IAAC) of the African Professionalisation Initiative (API).

Her Technical Advisor is Williard Kalulu.

This project aims to:

• Obtain sufficient evidence through information gathering activities to evaluate whether current IESs are fit for purpose in prescribing learning outcomes that support the application of professional skepticism; and
• Implement standards development activities that are in the public interest and responsive to the needs of stakeholders.

Scope:

This project develops Implementation Guidance that aims to identify the skills and competences required by professional accountants when performing public sector accountancy roles.

Scope:

The project will initially focus on an in-depth analysis, including reviewing relevant academic research literature, engaging with relevant stakeholder organizations and coordinating with other standards setting boards especially the International Public Sector Accounting Standards Board. Other activities under consideration include:

This project aims to:

• Obtain sufficient evidence through information gathering activities to evaluate whether current IESs are fit for purpose in the digital age; and
• Implement standards development activities that are in the public interest and responsive to the needs of stakeholders.