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CIRCULAR Nº004/STEC/2024

2024-05-07António Gomes

Exmos. Senhores

Membros Efetivos da OPACC

Muito bom dia

A OPACC, enquanto membro ativo da PAFA – Federação Pan-Africana de Contabilistas, vem por esta via, partilhar com V/ Exas., as últimas novidades e atualizações da Federação e outras organizações, nomeadamente a IFAC.

A IFAC está a preparar o novo Coletivo de Jovens Líderes e solicita às Organizações Profissionais da Contabilidade a encorajarem encorajem estudantes de contabilidade e jovens profissionais talentosos a candidatarem-se. Para mais informações, ver documento em anexo. A data limite é 31 de maio de 2024.

Apelamos a sua atenção para o calendário de eventos que serão realizados este ano, nomeadamente:

Ø  O 6º Congresso de UEMOA, a realizar no Togo de 26 a 28 de setembro de 2024

Ø  Conferência inaugural do AICPA® & CIMA® ENGAGE Africa – “AfriVerve 2024: Everything’s Connected“, organizada no Zimbali Capital Hotel, Ballito, Dolphin Coast, África do Sul, entre 21 e 23 de agosto de 2024. O encontro assinala a primeira edição africana independente, unindo o talento local/regional com conhecimentos globais.

Obrigada!


Matters Requiring Action  

New IFAC Young Leaders Collective: Call for Applications

Action: We are asking PAOs to encourage talented accounting students and young professionals to apply. Please provide individuals you believe are excellent candidates with a letter of recommendation for them to include in their application.  Young professionals and students in countries where the PAO is not yet an IFAC member can also become a part of this collective with a letter of support from PAFA. To request a letter of support, the individuals PAOs should submit a brief overview of why the candidate is suitable as well as a CV. If this is the case, please contact PAFA for more information.

IFAC is establishing its Young Leaders Collective to provide our profession with the opportunity to learn from the perspectives of early career professional accountants, as well as students and future or aspiring accountants.  Being part of the Collective will provide younger professionals and students with the opportunity to learn more about the challenges and opportunities facing our profession, while sharing their insights as our profession’s future leaders.  See attached document for more information. Closing date is 31 May 2024.

Developments at PAFA

News

The African Accounting and Finance Association (AAFA), in collaboration with the Pan-African Federation of Accountants (PAFA), is pleased to announce the 2024-2025 edition of the African for Accounting and Finance Research Initiative (ACAFRI) funding call. We invite research proposals on the broad theme of sustainability accounting, reporting or assurance. The deadline for application is Friday 31 May 2024, emailed to info@aafassociation.com and copied to yinka.moses@vuw.ac.nz. Details about the call and the application form are enclosed.

Events

26 – 28 June 2024: Save the Date, PAFA Annual Meeting (AGM) 2024. The 14th PAFA Annual General Meeting will be held on 27 June 2024 in Belle Mare, Mauritius. The AGM will be preceded by the Professional Accountancy Organisation (PAO) Leadership Forum on 26 June 2024 and followed by Technical Forum on 28 June 2024. More information will be shared in due course.

Developments at PAFA Members & Associates

News

Elected President of The Institute of Chartered Accountants of Namibia (ICAN Namibia). PAFA extends congratulations to the recently appointed council of ICAN Namibia on 25 April 2024 and applauds Mr. Cameron Kotze on his election as the President of the new council.

Events

20 -24 May 2024: ICPAK 41st Annual Seminar. The Institute of Certified Public Accountants is hosting its 41st Annual Seminar in Mombasa, Kenya from the 20 – 24 May 2024 under the theme “Accountancy Profession’s Contribution to National Growth and Development”. Click here to register.

22 May 2024: OEC Maroc Accountants Conference. The Ordre des Experts-Comptables du Maroc is hosting a global conference on May 22, 2024. The event epitomises trust and financial transparency, showcasing the profession’s pivotal role as a trusted intermediary in the economy.

25-31 May 2024: ICAG Accountants Conference. The Institute of Chartered Accountants of Ghana is hosting its annual conference from 25 -31 May 2024, under the theme “ Building s strong Resilient, Adaptable and Sustainable Accountancy Profession”. Click here to register.

26-28 September 2024: The 6th West African Economic and Monetary Union Congress – ONECCA Togo. Registration is now open for the 6th congress for professional accountants from the West African Economic and Monetary Union. Hosted by ONECCA Togo under the theme ‘Inclusive and Sustainable Development of SMEs in the WAEMU Region. The congress is scheduled for 26-28 September 2024 in Togo. Register at +228 963 47070 | contact@6congresuemoa.tg | www.6congresuemoa.tg

Developments at PAFA Network Partners

News 

Equipping Accountants for Sustainability Reporting: IFAC Proposes Enhancements to International Education Standards. The International Federation of Accountants (IFAC) has unveiled proposed changes to the International Education Standards (IESs) that embed sustainability—from analysis to reporting to assurance—across aspiring professional accountants’ training.

IFAC Identifies Key Areas Accountants Need to Update their Knowledge & Skills to Prepare for Increasing Sustainability Demands. The International Federation of Accountants (IFAC) has released a new publication setting out four key areas where accountants need to update their knowledge to meet the growing demand for high-quality sustainability-related information. Equipping Professional Accountants for Sustainability: What’s New and What Hasn’t Changed speaks to the vital role accountants play in producing reliable sustainability-related data, reporting and assurance, as well as the importance of education and training in ensuring professional accountants are able to meet society’s needs.

IAASB Announces New Strategy and Work Plan to Advance Global Audit and Assurance Standards. The International Auditing and Assurance Standards Board (IAASB) published its approved strategy and work plan aimed at enhancing consistency and quality of audit and assurance standards worldwide. Elevating Trust in Audit and Assurance: IAASB’s Strategy and Work Plan for 2024-2027 reflects the crucial role of audit and assurance in fostering trust in the world’s economies.

IESBA Launches First Global Ethics Standards on Tax Planning.  The International Ethics Standards Board for Accountants (“IESBA”) has  announced the launch of the first comprehensive suite of global standards on ethical considerations in tax planning and related services, incorporated in the IESBA Code of Ethics.

CAW – Limited Time: Participate in the first ever global resilience survey of Chartered Accountants. Are you a resilient Chartered Accountant? If so, take part in our inaugural global resilience survey, conducted in collaboration with The Resilience Institute. We’re trying to find out how resilient we are as a profession. Your insights will play a vital role in shaping the future of our profession by addressing challenges, identifying strengths, and exploring growth opportunities. Topics covered include professional obstacles, support systems, and talent retention strategies.

ESG Matters with Risk Insights. Embark on a journey with host Anushka Bogdanov in our latest podcast episode, as we navigate the ever-evolving landscape of ESG. Join us in understanding the critical role of transparency and consistency in driving sustainable finance, and the imperative for Africa to actively participate in shaping it’s ESG future. Click here to watch the recording for the webinar held on 11 April 2024

Your Invitation: The IFRS Update Training Course. Are you and your team up to date with the latest IFRS updates and requirements, including IFRS 18, IFRS 19, S1 and S2? Attend this year’s course to keep up with new and updated IFRS standards through one-on-one training in a classroom environment. Click here to register for the course.

Events

13 May 2024: IESAB First Global Ethics Standards on Tax Planning. The IESBA will hold two interactive global webinars in the coming weeks to present the first global ethics standards on tax planning, released earlier this month. Click here to register.

16 May 2024: The Good Governance Academy – 11th Colloquium “Equivalence between Sustainability Reporting Standards”. This 11th Colloquium brings together global thought leaders to discuss the potential for the application of “equivalence”, as has been applied in financial reporting, to sustainability reporting, with the current tentative speakers of Veronica Poole (Vice Chair of Deloitte UK and Global IFRS), Josephine Jackson (Vice-Chair of the IAASB), Eelco van der Enden (CEO of GRI), and Emmanuel Faber (Chair of the ISSB). The Colloquium will also feature an introduction to the 11th Colloquium discussion from Professor Mervyn King, patron of the Good Governance Academy, and introductions from Alan Johnson, Chair of the Good Governance Academy and President of IFAC. Click here to register.

21 May 2024: Embedding Sustainability into Initial Accountancy Training: Understanding the Proposed Changes to the International Education Standards. Join IFAC on May 21 to explore the recently proposed changes to the International Education Standards to embed sustainability across the training of aspiring professional accountants worldwide. With sessions offered at two convenient times to accommodate our global audience and livestreamed on IFAC’s Facebook, LinkedIn and YouTube channels, this webinar will provide valuable insights into proposed changes for our member organizations and stakeholders. Click here to register.

30 May 2024: CAW – Beyond Accounting – AI and Accountants get REAL. This is a 90-minute webinar with polling questions / audience CPE. It is a follow on from our October 2023 event which included a focus on ‘The AI Dilemma – 7 principles for Responsible Technology’. This follow on is a continuation of that discussion with a focus on accountants and the future of the profession – what is changing and what needs to change. Click here to register.

26 June 2024: ASB/AAFA/SAAA Online Seminar: New Accounting Standard – IFRS 18 Presentation and Disclosure in Financial Statements. The International Accounting Standards Board (IASB) in conjunction with the African Accounting and Finance Association (AAFA) and the South African Accounting Association (SAAA) will hold an education workshop on 26 June 2024 at 13.00-15.00 (CAT). The seminar is to inform academics on the new requirements in IFRS 18 coming into effect on 1 January 2027 and to stimulate academic research that will be useful for the post-implementation review of IFRS 18.The focus is thus academic members PAOs. Click here to register.

21 -23 August 2024: AICPA® & CIMA® Africa event of the year – ENGAGE Africa: AfriVerve 2024. Immerse yourself in 2½ days of programming designed to dive deep into the latest insights and trends shaping the accounting and finance sectors. Connect with industry leaders, peers, innovative thinkers and elevate your skills with specialised learning sessions tailored to meet your needs.
Register now: For South Africa (ZAR Currency): https://cvent.me/Do97QG, For Rest of Africa (USD Currency): https://cvent.me/VxwLmM, For Nigeria (NGN Currency): https://cvent.me/ek9nA0

9 – 11 September 2024: 17th Annual ACFE Africa Conference and Exhibition. Join ACFE for the highly anticipated 17th Annual ACFE Africa Conference and Exhibition, taking place from 9-11 September 2024. This event brings together over 1000 delegates and top professionals from both local and international anti-fraud communities. Experience insightful discussions, networking opportunities, and cutting-edge solutions to combat fraud. Don’t miss out on this premier event in Africa. Click here to register. For more ACFE events see attached brochure.

We value your participation, and we look forward to your involvement in these exciting events. If you would like to include any of your organisation’s events in our future newsletters, please contact Sibongile Setshogo at SibongileS@pafa.org.za.

­­Please follow us on LinkedIn by scanning the QR code below with your phone. Look out for more information on the new PAFA website www.pafa.org.za

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