1. Global Financial Regulatory Framework
Masters in Accountancy (MACC508)
Global Financial Regulatory Framework
Regulating Accounting, Auditing and Financial Reporting

2. Regulating Accounting, Auditing and Financial Reporting
Role of the Pan African Federation of Accountants (PAFA)

3. 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);
Superseded The Eastern Central and Southern Africa Federation of Accountants (ECSAFA)

4. Objectives
Provide a forum for co-operation and assistance among African professional accountancy organisations;
Engage in the development and enhancement of the accountancy profession in the African continent;
Promote the development of common technical, ethical and educational guidelines for the accountancy profession in Africa

5. Objectives
engage national governments, regional trading and economic blocs and development organisations in the development of the accountancy profession in the African continent;
Facilitate the development of a continental approach to accounting education and training by way of shared curricula and expertise;
Share and exchange information and best practices on technical matters, regulatory frameworks and corporate governance principles

6. Objectives
Identify and highlight challenges affecting the accounting profession in the African continent and formulate proposals;
provide African accountants with a platform for the exchange of relevant significant information on the accountancy profession;
Communicate with and participate in the work of IFAC and IASB boards and committees in agreed areas’
Influence and represent the African accountants in international accounting and other organisations.

7. PAFA Membership

8. End of Slides on the study