The Institute of Indonesia Chartered Accountants (IAI) has been awarded Associate Membership status by Chartered Accountants Worldwide. IAI is the fifth professional body to be admitted to the organisation.
IAI was established in 1957 to guide the development of Indonesia’s accountancy profession and improve the quality of accountancy education and professional standards. It is headquartered in Jakarta, with regional representative offices in 33 provinces of Indonesia. It has more than 35,000 members. Since 2011, the body has been recognised as the permanent secretariat of ASEAN Federation of Accountants (AFA).
Pat Costello, Chairman of Chartered Accountants Worldwide, welcomed the new Associate Member body, which brings the number of accountants supported worldwide to more than 630,000. “Every member brings something new to the table and we look forward to working with them on developing the profession and enhancing the value to our members,” he said.
By joining Chartered Accountants Worldwide, IAI will boost its international presence and contribute to the further development of the profession throughout Indonesia. It will also open up access to events and networking opportunities for its members.
Professor Mardiasmo, President of IAI, said: “The Chartered Accountant (CA) Indonesia qualification was established to raise the standards of professional accountants in Indonesia. Membership with and recognition from Chartered Accountants Worldwide is a key milestone in IAI’s continuous efforts to further strengthen the CA Indonesia qualification, with the broader aim to build the capacity of professional accountants in the country and be ready with the ever-changing regional and global environment. IAI and I believe accountants in Indonesia welcome the opportunity to work together with Chartered Accountants Worldwide and its members, to strengthen the role of the accountancy profession and influence the future of the global profession.”
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