The accountancy profession stands at a turning point with equally exciting opportunities and challenges. As Accountancy Europe and IFAC CEOs, we believe it is necessary to enhance cooperation for our members’ benefit. This partnership reflects our shared commitment to support our members and strengthen our profession.

As a culmination of previous engagement, we spent time together at Accountancy Europe’s office in Brussels and explored how to align our respective member value and identified four potential workstreams around:

• Trust in sustainability disclosures: high-quality sustainability reporting is essential, especially in an ever-evolving landscape. Our profession will continue to guide companies towards reliable and comparable sustainability information for global investors and stakeholders, to serve as a catalyst for more sustainable business models, ensuring that ethics, independence as well as quality are not compromised.
• Ethical technological transformation: technology and AI are transforming the way accountants work, offering new efficiencies and capabilities. Our profession must continue to embrace these advancements and leverage them to enhance services and deliver greater value.
• The profession’s future: rapidly evolving markets bring unprecedented opportunities and challenges to our profession’s growth. Funding of professional practices, incorporation and networking cooperation are part of evolving organisational models.
• Pathways to the profession: new pathways to attract diverse talent to the profession must be created to ensure future generations of accountants are well-equipped to meet evolving demands.

Through coordinated efforts on these key matters, we will provide stronger representation, better resources, and a clearer voice for our members.

Eelco van der Enden said: “In a time of global challenges and isolationism temptations, it is crucial to demonstrate that the accountancy profession is united. Regional and global efforts are not only complementary but essential. Global issues do not recognise regional borders, and neither should our response”.

“I am excited to work again with Eelco in his new role, and to innovate how we deliver greater cooperation and value for our members. There are multiple opportunities. I am also committed to strengthening our partnerships with regional network partners in Africa, Asia, and the Americas, ensuring that our members and the global accountancy profession is united and well-supported in every region of the world”, said Lee White.

Notes to Editors

Contacts:

For Accountancy Europe

Nha Vy Nguyen, Head of Communications

Email: nhavy@accountancyeurope.eu

For IFAC

Jennifer DiClerico, Head of Communications

Tel: +1-212-286-9344
Email: jenniferdiclerico@ifac.org

About Accountancy Europe

Accountancy Europe unites 49 professional organizations from 35 countries that represent 1 million qualified accountants, auditors and advisors. As Accountancy Europe, we translate professional accountants’ daily experience from across Europe to inform the European policy debate. Accountancy Europe is in the EU Transparency Register (No 4713568401-18). 

About IFAC  

IFAC, by connecting and uniting its members, makes the accountancy profession truly global.  

IFAC member organizations are champions of integrity and professional quality, and proudly carry their membership as a badge of international recognition.  

IFAC and its members work together to shape the future of the profession through learning, innovation, a collective voice, and commitment to the public interest. 

By connecting and uniting its members, IFAC makes the accountancy profession truly global.

Our advisory groups play a vital role in connecting the global accountancy profession by bringing together diverse expertise and perspectives from our membership and leading accounting and finance professionals. By fostering collaboration and innovation, these groups help us shape the future of the profession, ensuring it remains globally connected and committed to serving the public interest. They also help us provide value back to our membership by working with us to develop tools and resources that address trending challenges and opportunities.  

• The International Panel on Accountancy Education supports the advancement of accountancy education at the global level.  
• The Professional Accountancy Organization Development and Advisory Group helps support strong, sustainable professional accountancy organizations.  
• The Professional Accountants in Business Advisory Group considers key global trends in the context of the issues facing chief financial officers and finance functions, as well as boards and their audit committees. 
• The Small and Medium Practices Advisory Group provides input to the independent standard-setting boards, develops practical guidance and resources, and promotes the visibility and recognition of SMPs and SMEs.  

We extend a very warm welcome to all our new advisory group members and express our sincere gratitude and farewells to departing members, listed below, for volunteering their time to strengthen our profession.  

Lee White, IFAC Chief Executive Officer said: “We are thrilled to welcome these distinguished professionals to our advisory groups. Their expertise and dedication will enhance our efforts to strengthen global collaboration and support the profession in meeting the challenges and opportunities of today’s rapidly changing world. Thank you to our outgoing members for generously sharing your time and insights with us—we invite you to stay connected and continue to be part of our collective voice shaping the future of the accountancy profession.” 

International Panel on Accountancy Education  

New Members 

• Jennifer Eberman, Director, Assurance and Financial Reporting, Global Audit and Assurance Learning | Deloitte Touche Tohmatsu Limited (Canada) 
• Maria Escobar, Dean of the Faculty of Public Accounting, Universidad Externado de Colombia | Instituto Nacional de Contadores Públicos de Colombia (INCP) (Colombia) 
• Geoffrey Injeni, Faculty and Leadership/Management Consultant, Strathmore University Business School | Institute of Certified Public Accountants of Kenya (ICPAK) (Kenya) 
• Manil Jayesinghe, Board Member, Securities & Exchange Commission of Sri Lanka | Institute of Chartered Accountants of Sri Lanka (ICASL) (Sri Lanka) 
• Mirela Paunescu, Associate Professor, Bucharest University of Economic Studies | Corpul Expertilor Contabili si Contabililor Autorizati din Romania (CECCAR) (Romania) 
• Qi Zhang, Professor, Zhongnan University of Economics and Law | Chinese Institute of Certified Public Accountants (CICPA) (China) 

Departing Members 

• Adriana Florina Popa, Professor, Academia de Studii Economice din București | CECCAR (Romania) 
• Chaaminda Kumarasiri, Chairman, ACCA Sri Lanka | ICASL (Sri Lanka) 
• Gabriela-María Farías-Martínez, Associate Dean of Faculty Development, School of Business, Tecnológico de Monterrey | Instituto Mexicano de Contadores Públicos (IMCP) (Mexico) 
• Greg Owens, Director, Global Assurance, BDO Global | BDO Global (United Kingdom) 
• Innocent Okwuosa, Chief Executive Officer, Entop Consulting Ltd | Institute of Chartered Accountants of Nigeria (Nigeria) 
• Stacy-Ann Golding, Managing Director, S.N. Golding Financial Services Limited | Institute of Chartered Accountants of Trinidad and Tobago (Trinidad and Tobago) 
• Thorben Ehrlich, Global Audit & Assurance Chief Learning Officer, Deloitte | Deloitte (Germany) 
• Yoke Kai Chan, Head, Accountancy at Sim University | Institute of Singapore Chartered Accountants (Singapore) 

Professional Accountancy Organization Development and Advisory Group  

New Members 

• Kate Holroyd-Smith, Director of International Development, Institute of Chartered Accountants in England & Wales (ICAEW) | ICAEW (United Kingdom) 
• Brett Maloney, Chief Operating Officer, Institute of Public Accountants (IPA) | IPA (Australia) 
• Verily Kearoma Molatedi, Chief Executive Officer, Botswana Institute of Chartered Accountants (BICA) | BICA (Botswana) 
• Luisa Salcedo, Chief Executive Officer, INCP | INCP (Colombia) 
• Jingshi Wang, Deputy Director of Research and Development, CICPA | CICPA (China) 

Departing Member 

• Andrew Conway, Chief Executive Officer, IPA | IPA (Australia) 

Professional Accountants in Business Advisory Group  

New Members 

• Lei Chen, Executive Vice President & Board Director, State Grid Overseas Investment Limited | CICPA (China) 
• Zekeriya Demir, Chief Financial Officer, Turkish Technic Inc | Union of Chambers of Certified Public Accountants Turkey (TÜRMOB) (Türkiye) 
• Lynda Gimena Estupiñán Peñaloza, Accounting Director - Americas (NA & LATAM) Region, Medtronic Shared Services Americas SAS | INCP (Colombia) 
• Ashish Thatte, Partner, Joshi Apte and Associates Firm of Cost and Management Accountants | Institute of Cost Accountants of India (ICMAI) (India) 

Departing Members 

• Zia ul Mustafa Awan, President, House of Professionals Inc.| Institute of Cost and Management Accountants of Pakistan (Pakistan) 
• Anastasija Boljević, Secretary General, Institute of Certified Accountants of Montenegro (ICAM) | ICAM (Montenegro) 
• Ibrahim Murat Çağlar, Chief Financial Officer, Sanovel Ilac Sanayi ve Ticaret A.S. | TÜRMOB (Türkiye) 
• Ruth Gardiner-Forbes, President and Chief Executive Officer, FortisTCI | Institute of Management Accountants (IMA) (Turks and Caicos Islands) 
• Maria del Dado Alonso Sanchez, CFO, Berlin Brands Group | IMA (Spain) 

Small and Medium Practices Advisory Group  

New Members 

• Eleni Ashioti, Head of Technical and Professional Matters, The Institute of Certified Public Accountants of Cyprus (ICPAC) | ICPAC (Cyprus) 
• Rogelio Avalos, Director of Risk and Quality, Baker Tilly Mexico | IMCP (Mexico) 
• Hans Raj Chugh, Managing Partner, ASHM & Associates | The Institute of Chartered Accountants of India (ICAI) (India) 
• Catherine Hardinge, Compliance Partner, Price Bailey LLP | ICAEW (United Kingdom) 
• Mohanad Taha Khaled, Managing Partner, BDO Egypt | ACCA (UK/Egypt) 
• Kelly Khalilieh, Partner, Professional Standards & Quality Managment, McGovern Hurley LLP | CPA Canada (Canada) 
• George Mokua, Managing Partner, Mokua Onwonga & Co | ICPAK (Kenya) 
• Chongwon Yoon, Director, Grant Thornton Daejoo | Korean Institute of Certified Public Accountants (KICPA) (South Korea) 

Departing Members 

• Alexandra Peñuela Cuesto, Partner, KPMG Colombia | INCP (Colombia)
• John Nagy, Director, Reid Hurst Nagy Inc. | CPA Canada (Canada)
• Yunjin Oh | KICPA (South Korea)
• Alex Peal, Partner and Joint Managing Partner, James Cowper Kreston | Consultative Committee of Accountancy Bodies (United Kingdom)
• Rajesh Sharma, Partner, RPA Associates | ICAI (India) 

About IFAC  

IFAC, by connecting and uniting its members, makes the accountancy profession truly global.  

IFAC member organizations are champions of integrity and professional quality, and proudly carry their membership as a badge of international recognition.  

IFAC and its members work together to shape the future of the profession through learning, innovation, a collective voice, and commitment to the public interest.  

Mr. Mohammad Maqbool is a Chartered Accountant from England & Wales, Canada and Pakistan. He is also Fellow member of Chartered Institute of Public Finance Accountancy (CIPFA) UK. He has extensive accountancy practice experience as a senior partner in various Chartered Accountants firms.

Mr. Maqbool is serving as Council Member of Institute of Chartered Accountants of Pakistan (ICAP) for the term 2022-2026, Chairman Education & Training Committee and Chairman Audit Committee of ICAP. He is a council member by Institute of Chartered Accountants in England & Wales (ICAEW) from South Asia for the term 2023-2025. Mr. Maqbool is also the Chairman of the Public Relation Committee of South Asian Federation of Accountants (SAFA) and Dean of the School of Accountancy at the University of Lahore since July 2002. He is also a non-executive director of Bata Pakistan Limited.

Mr. Maqbool served as a council member of Chartered Institute of Public Finance Accountants (CIPFA) UK for multiple terms from 2016 to 2021 and served as a member of the Students and Members Board of CIPFA. He was the President of Pakistan Institute of Public Finance Accountants (PIPFA) in both 1995 and 2015. He also served as a member of Accounting Standard Board of ICAP for the term 2017-2023.

Mr. Maqbool received his master’s degree in commerce from the University of Punjab, Pakistan.

Jumadi Anggana is an Assurance Partner at KAP Rintis, Jumadi, Rianto & Rekan (PwC Indonesia) and serves as the Territory Assurance Leader for PwC Indonesia. In this role, he leads and manages the firm's assurance practice.

Mr. Anggana began his career at KAP Siddharta & Siddharta, which was initially a member firm of Coopers & Lybrand in Indonesia and later became a member firm of KPMG in 1998. In 2007, he joined KAP Hadi Sutanto & Rekan, a member firm of PricewaterhouseCoopers, which eventually evolved into KAP Rintis, Jumadi, Rianto & Rekan.

With over 29 years of experience, Mr. Anggana specializes in providing assurance services and financial reporting advisory support. His diverse clientele includes national, multinational, and state-owned companies across various industries such as telecommunications, electronics, automotive, toll roads, manufacturing, healthcare, and power generation.

Mr. Anggana served as a member of the Financial Accounting Standards Board (DSAK) at the Institute of Indonesia Chartered Accountants (IAI) from 2005 to 2012, a period of significant change in the adoption of accounting standards in Indonesia. This experience provided him with valuable insights into standard convergence, as well as the adoption and implementation of new accounting standards. Currently, he is a member of the National Council of IAI.

The International Standards: 2024 Global Adoption Status Snapshot highlights how widely international standards are embraced across IFAC member jurisdictions. Since the inaugural 2019 report, we continue to see notable progress in adoption of the international standards as well as enhancing quality assurance and investigation & discipline systems. The 2024 update highlights a selection of success stories from IFAC members. It also identifies the conditions that help advance adoption and implementation, as well as more opportunities for further collaboration and connected learning.

This progress is made possible by the steadfast commitment of IFAC member organizations to the requirements outlined in the Statements of Membership Obligations (SMOs). By proudly carrying their IFAC membership as a badge of international recognition and working with IFAC to publish their adoption & implementation actions on IFAC’s International Standards Adoption Map, these organizations reinforce their dedication to integrity and professional quality, and to shape the future of the profession through their commitment to the public interest.

Access the 2024 Global Adoption Status Snapshot

About IFAC

IFAC, by connecting and uniting its members, makes the accountancy profession truly global.

IFAC member organizations are champions of integrity and professional quality, and proudly carry their membership as a badge of international recognition.

IFAC and its members work together to shape the future of the profession through learning, innovation, a collective voice, and commitment to the public interest.