International accountancy bodies





    A listing of international professional bodies, organisations and networks for the accountancy sector.

Please see our pages on accounting by country for national professional bodies and organisations.

International organisations

Accounting Regulatory Committee (ARC)
EU committee with responsibility for providing an opinion on Commission proposals to endorse an international accounting standard.

Fédération Internationale des Experts Comptables Francophones (FIDEF)
Organisation representing accountancy professionals in French-speaking countries.

Hospitality Financial & Technology Professionals
Formerly the International Association of Hospitality Accountants.

International Association of Practising Accountants (IAPA)
Association of independent accountancy and business advisory firms.

International Association of Book-Keepers
Professional body for those providing bookkeeping and related accounting services to small businesses.

International Federation of Accountants (IFAC)
Global accountancy body representing 163 member organizations in 120 countries to ‘protect the public interest by encouraging high quality practices by the world's accountants’. IFAC published revised good practice guidance on Establishing and Developing a Professional Accountancy Body in January 2011 and maintains a directory of members showing member bodies, associates, affiliates, regional organisations and groupings.

IFAC has established the following independent international standard-setting boards:

International Accounting Education Standards Board (IAESB)
International Auditing and Assurance Standards Board (IAASB)
International Ethics Standards Board for Accountants (IESBA)
International Public Sector Accounting Standards Board (IPSASB)
International Valuation Standards Committee (IVSC)
Organisation comprised of 50 professional valuation associations from around the world. The IVSC works closely with IFAC and the IASB, and has released International Valuation Standards (IVS) since 1985.

Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR)
United Nations group aiming to help developing countries and economies in transition to implement best practices in corporate transparency and accounting.

Regional organisations and networks

Africa

Association of Accountancy Bodies of West Africa (ABWA)
Federation of accountancy bodies in the region.

Association for the Advancement of Black Accountants of Southern Africa (ABASA)
Organisation supporting and promoting black men and women in the accounting profession.

Pan African Federation of Accountants (PAFA)
Organisation representing African professional accountancy bodies.

Asia

Asian-Oceanian Standard-Setters Group (AOSSG)
Group of standard-setting bodies formed to share experiences on IFRS adoption in the region.

Confederation of Asian and Pacific Accountants (CAPA)
Body representing accounting organisations in the Asia-Pacific region.

South Asian Federation of Accountants (SAFA)
Alliance of accountancy bodies in the region.

Caribbean

Institute of Chartered Accountants of the Caribbean
Network of accountancy and financial services bodies covering the Bahamas, Barbados, the Eastern Caribbean, Guyana, Jamaica and Trinidad and Tobago.

Europe

European Accounting Association
Organisation for academics and researchers in the field of accounting.

European Financial Reporting Advisory Group (EFRAG)
A private sector body that assists the European Commission with technical guidance on accounting issues, particularly the implementation of IFRS.

Fédération des Experts Comptables Européens (FEE)
Representative organisation for the accountancy profession in Europe.

Federation of Mediterranean Accountants (FCM)
Body representing professional institutes of accountants in Mediterranean countries.

Latin America and North America

Interamerican Accounting Association (AIC)
Association drawing together accountants and professional bodies in the Americas.

Source: ICAEW