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Statements of Membership Obligations Fulfillment Status

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.

As part of the Member Compliance Program, IFAC Members and Associates complete and submit an SMO Action Plan on a cyclical basis. This plan provides the opportunity to report progress, challenges, and insights in support of SMO fulfillment. It is also used by IFAC staff to support each Member and Associate.

Using the submitted SMO Action Plan and third-party sources, IFAC assesses the status of SMO fulfillment by each Member and Associate. These assessments take the form of member, and country, profiles. 


The organization maintains well-established ongoing processes to fulfill its relevant obligations. The organization considers, plans, executes, reviews, and improves as part of an ongoing commitment to continuous improvement.


Given the nature of its mandate, membership composition, and the legal and regulatory environment, the organization is not involved in activities related to this area.

Review & Improve

The organization has recently fulfilled its relevant obligation and is reviewing the implemented plan to identify and apply improvements.


The organization is executing its plan.


The organization has a defined plan to fulfill the SMO requirements.


The organization is considering how to fulfill the SMO requirements.

Not Active

The organization is not actively addressing the SMO requirements.