Formation May 2011 | Official language English, French | |
Type Professional association Purpose Encourage professionalism in accountancy Headquarters Johannesburg, South Africa President Sebastian Achulike Owuama | ||
The Pan African Federation of Accountants (PAFA) is the regional body that is aimed to represent African professional accountants with one and louder voice, particularly in relating with International Federation of Accountants (IFAC). It was inaugurated in Dakar, Senegal on 5 May 2011.
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Inauguration
The first president, elected at the inaugural meeting in Dakar, Senegal, was Major General Sebastian Achulike Owuama. Owuama is also president of the Institute of Chartered Accountants of Nigeria and of the Association of Accountancy Bodies in West Africa. Dr. Mussa J. Assad of the National Board of Accountants and Auditors in Tanzania was named vice president. 37 professional accountancy organizations from 35 countries are members of PAFA, which has the strong support of the World Bank and IFAC. The South African Institute of Chartered Accountants in Johannesburg will host the PAFA Secretariat.
Membership
At time of launch, members were: