Following the signing of the Memorandum of Understanding between IAI and ACCA in August 2009 and a Strategic Partnership Agreement in June 2014, ACCA (the Association of Chartered Certified Accountants) and IAI (Ikatan Akuntan Indonesia), Indonesia’s national accounting body, have signed a renewed Strategic Partnership Agreement (SPA) on 11 April 2019 to continue to strengthen their successful collaboration in further advancing the accountancy profession in Indonesia. The building of professional accountants across the eco-system, from business to public sectors, is an integral element in supporting the needs of Indonesia’s growing economy. Professional accountants play an important role in shaping strategy formulation, investment and operational decisions, as well as enhancing trust in financial reporting by investors, regulators and other stakeholders.
The Strategic Partnership Agreement was signed by Leong Soo Yee, Lead Market Director, ACCA and Prof. Sidharta Utama, IAI National Council in Nusa Dua, Bali. The agreement extension also provides an incentivised pathway for IAI members to obtain the ACCA membership and for eligible ACCA members to obtain the IAI membership.
Conny Siahaan, Head of ACCA Indonesia said, “We’re delighted to be entering into this agreement with IAI to support the development of Indonesia’s accountancy profession. Accountants are essential to grow and sustain the economy and agreements such as these are an important way to invest in financial skills and recognise ability in upcoming finance professionals. We look forward to our future work with IAI, for the benefit of our students and members across the country.
Elly Zarni Husin, Executive Director of IAI said, “Strategic partnership with international bodies is part of IAI Strategic Plan – called Prakarsa 6.1 – which aims to continuously enhance the professionalism and competencies of Indonesia’s professional accountant.”
For media enquiries, contact:
Tel: 020 7059 5030
Tel: 6221 31904232
Mobile: 62 81284157785
FB: Ikatan Akuntan Indonesia
ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants, offering business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.
ACCA supports its 219,000 members and 527,000 students (including affiliates) in 179 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. ACCA works through a network of 110 offices and centres and 7,571 Approved Employers worldwide, and 328 approved learning providers who provide high standards of learning and development.
Through its public interest remit, ACCA promotes appropriate regulation of accounting and conducts relevant research to ensure accountancy continues to grow in reputation and influence.
ACCA has introduced major innovations to its flagship qualification to ensure its members and future members continue to be the most valued, up to date and sought-after accountancy professionals globally.
Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. More information is here: www.accaglobal.com
Ikatan Akuntan Indonesia (Institute of Indonesia Chartered Accountants – IAI) is the recognised professional accountancy organisation in Indonesia. Established in December 23rd, 1957, IAI continues to serve and develop the accountancy profession in the country through among others, establishment of the Chartered Accountant (CA) Indonesia qualification and other professional accountancy certifications, continuous education and training, and standard-setting activities.
IAI is home to Indonesian accountants from different backgrounds; public accountants, educators, private (management) and public (government) sector accountants, tax and forensic accountants.
IAI is responsible for the organisation of the CA exams, safeguarding professional accountants’ competence through continuous education and training, establishment of the Code of Ethics and standards relevant to the profession, and establishment of member discipline. This is in-line with the Institute’s vision to be at the forefront in the development of the accounting education and practice, oriented in ethics, social responsibility and the environment, both nationally and globally.
Regionally, IAI is a co-founding member of the ASEAN Federation of Accountants (AFA) and has continuously serves as the support for the Federation’s Secretariat in Jakarta since 2011. Globally, the Institute is also a proud co-founding member of the International Federation of Accountants (IFAC). IAI is committed to implement IFAC’s standards as the best practice in improving the quality of the accountancy profession in Indonesia. More information: www.iaiglobal.or.id