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Welcome to IAPA’s Quarterly newsletter

Q1, March 2017

SSeptembe20162016

2016

IAPA - A global association of independent accountancy and business advisory firms

>185 member firms 67 countries

DISPATCHWORK IAPA’s quarterly news publication containing news

and information for Members of IAPA

Creating the fabric of a global society

Global Support.

Local Knowledge.

IAPA Social

Words from the Vice Chairman

fully at the next International Board

meeting, in May when we meet

during the USA regional event. These

are mainly recruitment (particularly in

the USA and a large portion of the US

regional event will be dedicated to

discussing this), marketing and

additional member services. In terms

of the latter, we were pleased to see

members expressing interest in

webinars and regular tax bulletins

amongst others, and the Centre will

work towards implementing these

ideas in the immediate future.

I have just returned from Dubai

where we held the EMEA and Asia

Pacific Regional Conference. It was a

wonderful location and a real success

combining both regions for the first

time. I was delighted to welcome 2 of

our 5 new members firms who have

been appointed since the beginning

of the year and to introduce them to

the membership. A report on the

event can be found within this

newsletter. The AGMs welcomed

new board members to each region

and I congratulate them all and

Dear members

Welcome to the first edition of the

2017 IAPA Dispatchwork newsletter.

There has been much going on within

IAPA over the last few months and I

am pleased to give you an update on

events that have happened since

December 2016.

I sent a mini newsletter to you all in

January to update you on the events

post Rio. The Centre has been able to

make contact with the majority of our

global members to gain feedback

regarding your membership and we

have now collated the results of the

members’ survey. A selection of these

responses can be found in this

newsletter and a full summary will be

emailed to all contact partners and

placed on the members’ portal shortly.

I was really delighted to see that

responses show the vast majority of

members are happy with the

association and feel you get value for

money. The survey highlighted key

areas to expand on/improve that the

Centre is already focusing on and that

the International Board will deliberate

meeting, in May when we meet during

the USA regional event. These are

mainly recruitment (particularly in the

USA and a large portion of the US

regional event will be dedicated to

discussing this), marketing and

additional member services. In terms

of the latter, we were pleased to see

members expressing interest in

webinars and regular tax bulletins

amongst others, and the Centre will

work towards implementing these

ideas in the immediate future.

welcome Ozgur Demirdoven, the

new EMEA Chair, who will now sit

as the EMEA board representative

on the International Board.

The EMEA AGM in Dubai was a

significant meeting in terms of

answering queries and questions

still outstanding from several

members following the collapsed

merger discussions. The merger

with Allinial Global fell through as

extra conditions to protect the

interests of all IAPA firms,

requested by members in Rio, were

considered unacceptable to the

other party. Several EMEA

member firms however,

disappointed with the collapse,

wanted to know more. The EMEA

Board were able to address their

questions in Dubai, reaching the

conclusions that there is no more

room for negotiations with Allinial

Global, that the association has a

different business model and ‘fit’

to IAPA and that profuse

transatlantic business

opportunities were not evident.

With these queries now put to rest,

the board agreed that recruitment

within IAPA was a top priority. The

AGM confirmed however, by show

Contd…

Still time to register for Rio…

IAPA International Conference

Rio de Janeiro, Brazil

23-26 October 2016

Visit the IAPA Portal for full details

IAPA delighted to announce one day event ‘Brexit Forum’

Friday, 12 May, London UK

In collaboration with the UK200Group

Open to all IAPA members

For those wanting to know more on how Brexit will impact your

firm and your clients

See inside for more information or email j.lord@iapa.net

This will be the start of a series of

Leadership events, open to all

members using an external

presenter, Martin Bissett to lead

the programme. It was a great

success and I look forward to

seeing how these one-day events

progress. I am also delighted to

organise our first event with the

UK200Group on 12 May on Brexit.

I know many members have

expressed interest – please do

sign up as soon as you can as

spaces are limited.

The 2017 global conference is in

Barcelona, Spain, 22-25 October.

Please keep this date free in your

diary and attend. The best way to

maximise your membership of

IAPA is to attend conferences and

spend time with your fellow IAPA

colleagues.

This is a members association, run

by members and your individual

voices are extremely important

and will help shape the future of

our association. I look forward to

working with you all, supported

by the Centre to help strengthen

and realise IAPA’s vision.

With best wishes

Martin Clapson

IAPA Vice Chairman.

Vice Chairman’s

words continued…

Who’s Who @ IAPA

International Board

Following the EMEA AGM in Dubai, IAPA is delighted to welcome Ozgur Demirdoven as the new EMEA Chairman and therefore the new EMEA representative on the International Board.

John

Campbell

Treasurer and Canadian Representative

Martin Clapson

Vice-Chairman

Tom Rex

USA Regional Chair

Ramon

Gonzalez

Latin-American Regional Chair

Mohd Noor

Abu Baker

Asia-Pacific Regional Chair

of hands, that dual membership

with other associations is not

what the EMEA members seek.

As mentioned in past

newsletters, there are a handful

of IAPA members who decided

to leave the association and join

Allinial, and a list of these losses

appears in the Centre’s report,

attached as a supplement to this

newsletter. Despite concerns we

have not lost as many firms as

some had previously indicated.

We may still lose more but we

are at the same time winning

new members. I expect IAPA to

remain in the top 10

international accounting

associations for many years to

come.

It is of course disappointing to

lose member firms, but we have

received much support and

positive feedback over the last

few months, particularly in

person in Dubai, and we look

forward to reporting in the

coming months exactly how

IAPA plans to enhance its service

offerings and grow in key

locations. IAPA will be stronger

moving forward.

In terms of new service

offerings, IAPA held its first

Leadership Forum in Amsterdam

for aspiring partners within our

firms.

Ozgur

Demirdoven

EMEA Regional Chair

Martin

Selection of

membership Survey

(full results can be found on the

IAPA portal under newsletter)

IAPA Dubai 2017 was the first time the

EMEA and Asia Pacific regional

conferences have combined forces for a

joint event and we were delighted to

welcome over 55 delegates from 40

member firms covering some 26

countries.

This fascinating city was chosen due to its

global connectivity and convenient

location for the 2 regions. Many

delegates had not been to Dubai before

and were wowed by this hugely

impressive city that combines a unique

blend of Arabic culture with ultra-

modern/world class infrastructure. The

event was held in the Ritz Carlton DIFC

right in the heart of the financial district

and a very short taxi ride away from the

famous Dubai shopping mall and the

magnificent Burj Khalifa.

This year the programme was designed to encompass interests from both regions, expanding on ‘thought leadership’ and ‘practice management’ topics.

Member led presentations included ‘The

future of IAPA’ by Vice-Chairman Martin

Clapson, offering insight into how IAPA

will develop and grow over the next 12

months, incorporating feedback from the

recent Members’ Survey.

A fascinating update on ‘Doing Business in Dubai’ was given by Vipul Kothari, Kothari Auditors & Accountants, (above) IAPA’s member firm in Dubai and Uday Gandhi, from U.S Gandhi & Co, India delivered an engaging presentation on ‘Recent trends in fraud and detection techniques’(below left). As well as the usual Tax Forum (chaired by Jay Sanghrajka, Price Bailey UK and MunKit Wong, Fiduciary Asia, Hong Kong) and the Audit Forum (chaired by David Stevens, Ellacotts /UK200Group, UK, pictured above right), IAPA was delighted to welcome Martin Bissett from The Upward Spiral Partnership to talk on ‘The Secrets of superior accounting firms’ who gave delegates plenty of material to think about and implement when returning back to their firms. Having recruited 5 new firms since

the beginning of 2017, including 2

from the EMEA region and 2 from

Asia Pacific, we were delighted to

welcome some of our new members

in person. Wajira Kaluarachchi from

SWT Associates, Sri Lanka and

Ibrahim Alaziq from Ibrahim Alaziq,

Saudi Arabia introduced their firms to

delegates during the new members’

The EMEA and Asia Pacific Conference,

Dubai. 17-19 March 2017

The vast majority of

members feel you get value

for money for your IAPA

membership dues.

- - -

Webinars and regular tax

bulletins were top of list for

additional member services.

More speakers at

conferences on 1) Soft

skills/practice management

[orange] (2) Motivational

talks [green] (3) technical

topics [blue].

Niche areas to focus IAPA

seminars on: forensic

auditing, insolvency,

investment incentives, VAT/

sales tax.

Associates, Sri Lanka (below left).

and Ibrahim Alaziq from Ibrahim

Alaziq, Saudi Arabia (above right)

introduced their firms to delegates

during the new members’

presentations.

The EMEA AGM was extended for

important discussions on the way

forward for the region and the board

members spoke passionately about

developing the area in line with the

new strategy document.

Martin Clapson, Vice Chairman, then

presented to the group IAPA’s future

conferences, with new one-day

forums in Europe planned, the US

regional event in Miami this year and

the International conference location

announced as Barcelona, Spain.

The AGMs for each region welcomed

new members to the board. IAPA

As always, local culture and customs

are important to IAPA and delegates

and guests were able to network

further outside of the hotel on a

wonderful social programme that

showcased Arabian culture.

The popular half day networking

afternoon on Friday took all

participants into the desert for an

Arabian adventure with dune

bashing, a sunset stop to watch a

falcon show and an evening dinner

under the stars in a Bedouin camp

with Arabic food and entertainment.

By contrast, the conference finished

on Saturday evening with a

wonderful dinner on Dubai’s famous

beach at the Ritz Carlton Jumeirah

beach resort. Here, Patrick Riou,

EMEA Treasurer announced Wayne

Price, Castletons, Australia as the

winner of the 2017 EMEA golf

tournament, now an established

and popular pre-conference

networking day.

Both the conference and

sightseeing opportunities in Dubai

were thought provoking and

inspiring and we trust our members

returned home refreshed,

energised and ready to do business

with new ideas generated from the

event.

Below: delegates enjoying the falcon

show at sunset in the desert.

Dubai 2017 continued…

Congratulations

new EMEA and

Asia Pacific

Board members

following the

2017 regional

AGMs in Dubai:

Congratulations to Ozgur Demirdoven, newly

elected EMEA Chair and new EMEA board members

Neal Morrison, Javier Sanjuan and Iris Stark. The

full EMEA board pictured above.

Warm welcome to Kunal Gandhi (above

left) new Asia Pacific Board member

and congratulations to Mohd Noor Abu

Baker who continues as regional Chair

(above right).

Landa Auditores SpA

Santiago, Chile

Established in 2016 this firm specialises in Audit services and was set up by 2 partners with over 25 years experience each in the industry. Contact Partner: Mr Juan Landa

Email:

juanlanda@landa.cl T: +562 28606100 W: http://www.landa.cl/

IAPA New Members:

IAPA is delighted to welcome the following new members over the last 3 months:

Ibrahim Alaziq CPA

Riyadh, Saudi Arabia

Established in 2008, Ibrahim Alaziq

is an audit and accounting

consultancy firm providing

integrated services including tax,

assurance and consulting services.

Contact Partner: Mr Ibrahim Alaziq

Email:

i.alaziq@alaziq.com T: +966 11 416 1008 http://www.alaziq.com/

Muhammad

Shaheedullah & Co

Dhaka, Bangladesh

Established in 1975 this firm offers the usual range of services including evaluation, inventory management and control, financial analysis and feasibility. Contact Partner: Mr Muhammad Shaheedullah

Email: office@mscoca-bd.com T: + 88 01789 168925 W: http://www.mscoca-bd.com/

Al Baraki CPA

Riyadh, Saudi Arabia

Established in 2016 this firm specialises in Audit services and was set up by 2 partners with over 25 years experience each in the industry. Contact Partner: Mr Eid Al Baraki

Email: eid@bca.sa T: + 966 92 000 2183 W: http://www.bca.sa/

SWT Associates

Colombo, Sri Lanka

Set up in 2005, SWT Associates is

a dynamic and progressive firm of

Chartered Accountants providing

a wide range of audit, tax and

advisory services to clients locally

and internationally.

Contact Partner: Mrs Wajira Kaluarachchi

Email: wajira@swtassociates.lk T: + 94 112 8343 70 W: http://www.swtassociates.lk

IAPA is delighted to collaborate with the UK200Group

and announce a one-day ‘Brexit Forum’ open to all

members.

The purpose is to help prepare IAPA and UK200Group

members for a world where the UK is no longer in the

EU. This raises questions about a range of issues

including, trade, taxation and immigration, all of which

will affect our members and their clients in some

way. We are therefore taking a lead to make sure our

members are as informed as possible, as early as

possible.

You should attend this event if you have an interest in:

The impact of Brexit on your firm and clients

Which aspects of the Brexit negotiations are the most important for you

Developing national and international partnerships

Adopting a proactive approach to Brexit

Business development with an emphasis on trade.

During the event you will:

Receive and discuss the results of the latest UK200Group Brexit Survey **

Hear perspectives from leading international accountancy and law firms

Share your experiences, hopes and fears about Brexit

Contribute to the development of an action plan to support your firm and client groups

Network with like-minded professionals.

Brexit Forum – Information and Insights

12 May 2017, London, UK

**We are collating feedback from all IAPA members on

what Brexit means for you and ask you to complete our

Brexit Survey. The results will be fed back during the

Forum and sent to all members unable to attend. To

complete the Brexit Survey please click here.

Beyond the Brexit Forum, we have arranged a walking

tour of some of London’s most famous landmarks

finishing at the Sherlock Holmes pub, near Trafalgar

Square, followed by dinner in the evening.

Places are limited so you need to book early to avoid

disappointment.

This forum is open to all our global members. The draft

agenda and registration forms can be found on the

members’ portal. The registration fee is £120 including

VAT.

For more information, please contact Joy:

j.lord@iapa.net

IAPA USA Regional Conference

18-21 May, Miami

Please join us. Registration to open soon!

Request from IAPA’s finance & IT

support manager:

This one day event, ‘Passport to Partnership’, for

Senior Managers and Partners was held at the

Radisson Blu Hotel in Amsterdam’s airport on 10

February 2017. Martin Bissett, founder of The Upward

Spiral Partnership, presented a very engaging and

interactive programme which focussed on the 7 key

categories or 7 ‘C’s of leadership behaviour. Each ‘C’

examines the major behaviours, characteristics and

skills sets partners require from senior managers to be

future leaders of their firm.

Patrick Riou, EMEA Board Member and Treasurer

opened the forum welcoming the group, and the

speaker, on behalf of IAPA. Martin Bissett then led the

morning sessions covering an overview of the 7Cs and

general discussion on what each delegate would like

to be remembered for. After lunch the group focussed

on all the categories in depth; Competence, Culture,

Communication, Conversion, Commitment, Challenges

and Commercial Awareness.

Delegates had plenty of opportunities to network throughout the day, and during an informal evening dinner, benefiting not only from what they learnt during the Partnership Forum but from building relationships within IAPA too.

It was a great day, full of energy, thought and participation and much to think about when returning back to the office.

IAPA NEW ‘Passport to Partnership’ Leadership

Forum. February 10, 2017.

Referrals for 2016 – we are still missing reports from 33

members, some of whom regularly receive referrals, so

we would be most grateful if those of you who have not

yet had the opportunity to respond could do so soonest.

We are often asked what as an organisation IAPA can do

to aid member firms in receiving referrals. Keeping your

profile up to date is the first step and if you require any

help with this, please let me know.

In addition, we are noticing that rarely are the

“description of work” fields completed or supplied. We

do analyse the work referrals and can see where the

workflows originate and end up by firm and by country.

However, with the new CRM we have a facility to identify

the types of work being referred and this could then act

as an instrument to alert members to opportunities that

they would otherwise not be aware of. Please do

therefore update your firm’s profile in the IAPA portal.

With many thanks

Kimberley Muir

k.muir@iapa.net

Delegate comments included:

‘Martin was a very good presenter – an engaging style and very knowledgeable’

‘Martin did well with the course content. It was aimed at the right level and encouraged you to look at certain areas of your approach to work and clients that give a different view point to the default position’.

Watch the video here.

The power of your pose

As broad oriented business advisors it is

important to understand all kind of

aspects of the negotiation process in

order to be able to prepare in advance

your position and behavior. The

following tip has been selected for you

and your clients to strike the best

power pose possible.

Don’t ever underestimate the power of

your own pose during a negotiation.

Your body posture influences both your

physiologic reactions as your mental

state of mind. Research shows (source,

Margaret A. Neale and Thomas Z. Lys, manual for

negotiation) that your body posture has an

effect on your cortisol level (stress-

hormone), testosterone level (power-

hormone) and your willingness to take

risks.

During an experiment they started to

take saliva samples with the case panel.

After this, the panel was brought to a

small meeting room where they sat

down during a negotiation in either an

open pose or a closed pose.

After some time again saliva samples

were taken. The test persons with the

open pose, showed a low cortisol level

and a high testosterone level.

Apparently they experienced less stress

and more power Unlike the test

persons with the closed pose, they

showed a high cortisol level and low

testosterone level. More stress with

less power to achieve a success.

Next to these facts it appeared

to be that people with an open

pose are likely more willing to

take risks during a negotiation.

People with a closed pose will

choose for safety and

guaranteed results.

Of course other factors play

important roles during a

negotiation and only your body

posture will not make you

immune to those. But yet, your

body posture obviously is an

effective way to make yourself

think and act with a greater

sense of power. And with this

attitude in your mind, your

opponent in a negotiation will

react to your posture in a way

that will strengthen your sense

of power which will create

positive feedback.

Jan van Wijngaarden, Partner

jvw@jmpartners.nl

Bart Koreman, Senior Advisor

bk@jmpartners.nl

News from IAPA member firms:

JM Corporate Finance, The Netherlands (IAPA associate member)

Of course the abovementioned tip

can also be applied in other

situations. Should you or your

client consider a (strategic)

takeover or establishment in the

Netherlands or would you like to

discuss any Corporate Finance

issues, please feel free to contact

us.

For further information regarding

our core business we refer to our

website

www.jmcorporatefinance.nl/uk

News from Israel

Big changes accrued in the Israeli tax law

1. Reduction of the corporate tax rate

Reduction from 25% to 23%:

- In 2017 tax year- 24%

- In 2018 tax year- 23%

2. Tax brackets for an individual

The additional tax was increased from 2% to 3%,

and the amount on which it is to be paid was

reduced to annual taxable income exceeding NIS

640,000.

Contrarily, the maximum marginal tax rate was

reduced to 47% instead of 48%.

Likewise, the tax brackets were updated.

3. Lotteries and prices

The tax rate was increased from 30% to 35% (upper

limit of exemption-NIS 49,320).

4. Taxation of company profits

The tax applies on major shareholders in a

company, when monies were withdrawn by them,

or their relatives, or when a company asset was

provided for their use, or their relatives' use.

The withdrawals will be deemed as income to the

shareholder, at the end of the year subsequent to

the tax year in which they were withdrawn.

5. Tax on multiple residences

The tax applies on an individual who owns several

residential units, in which the ownership

percentage is 249% or more.

The tax rate is 1% of the "determining amount" of

the unit, calculated according to the Tax Authority's

formula, up to a ceiling of NIS 1,500 per month.

6. Law for Encouragement of Capital Investments

Additional tracks were prescribed for preferred

technology enterprises that confer reduced tax

rates on profits deriving from intellectual property.

The objective is to grant reduced tax rates to an

industrial enterprise in the hi-tech industry.

Find out more about IAPA

conferences / events

Watch IAPA TV

Visit www.iapa.net

Above: Iris Stark talking at the Institute of Certified Public

Accountants, Israel

News from AAFCPAs,

Westborough/Boston/Wellesley, MA, USA

Rich O’Neil and Tiffany Wopschall, CPA have been promoted to Manager

Aileen Wilson has been promoted to Manager, Managed Accounting Solutions

Emily Donnelly, Brendan Lawrence, Matthew Robinson, and Patrick McIntyre have been promoted to Supervisor

Greg Bielski has joined the firm as Chief Financial Officer

Christopher P. Consoletti, Esq. has joined the firm as Trust, Estate & Nonprofit Tax Associate

Meghan O’Neil has joined the firm as Accountant, Managed Accounting Solutions

Steve Lanza has been promoted to Semi-Senior Accountant

Phyllis Roy has been promoted to Lead Executive Assistant, and Cheryl Melendy has joined the team as Executive Assistant and Wealth Management Client Support Specialist

Carolyn Pisani has been promoted to Office Manager

As Donald Trump was sworn in as the 45th U.S. president, AAFCPAs' Matt Hutt and other health policy experts share with Managed Healthcare Executive what’s next for healthcare. Read more.>>

The Government of India via Finance Bill, 2017 has proposed to introduce a new section, section 94B in the Income Tax Act, 1961 to overcome loss of revenue by way of Thin Capitalization. The same shall be applicable w.e.f AY 2018-19.

What is Thin Capitalisation?

When an entity has a high proportion of debt compared to equity, it is said to be thinly capitalized.

The introduction of Thin Capitalisation is in line with the Indian tax department’s programme of aligning Indian tax

rules with global norms (BEPS Action Plan 4)

A new section 94B proposed to be inserted to the income tax act which provides that where an Indian company or PE of a foreign company makes interest payments (or similar consideration eg. Guarantee given) to its associated enterprise, such interest shall not be deductible at the hands of the Indian company/ PE to the extent of the “Excess Interest”.

The term “excess interest” is defined as:

Amount of total interest which is in excess of 30% of earnings before interest, tax and depreciation (EBIDTA);

or

Actual amount of interest paid to the AE,

whichever is less.

Such disallowed interest shall be carried forward up to 8 assessment years.

The UAE will soon bring out a Foreign Direct Investment

(FDI) law that will allow up to 100% foreign ownership in

selected sectors. The draft law, which will soon be sent

for Cabinet approval, was finalized by the UAE Ministry of

Economy after consulting all local entities related with

FDI. It will subsequently be sent to the Federal National

Council for discussion.

A high level committee will decide the sectors that shall

attract the enhanced FDI. The percentage of ownership

for foreign investors will be raised from 49% to 100%

under the new law. Priority will be accorded to the

sectors that have the potential to attract investment

where value addition is necessary such as education,

water, healthcare, renewable energy, etc.

The new FDI law is planned to support the country

against depressed oil prices, regional instability and

economic shocks like Brexit.

This forms part of UAE’s larger economic plans to increase its diversification programme aimed to permanently reduce dependency on oil as it is not expected to rise in next few years. The government targets to reduce its oil related GDP from 30% to 20%, as well as plans on FDI being 5% of its GDP by 2021. A knowledge-based economy that is underpinned by an increase in FDI and a greater number of free trade agreements is in the offing.

News from the UAE: New FDI law is proposed for cabinet’s approval

Introduction of Thin Capitalization Rules in India

The definition of ‘debt’ is wide and covers any loan, financial instruments, financial lease, financial derivative or any other arrangement giving rise to interest, discount or other financial charges. This could potentially cover debt instruments like masala bonds, NCDs, CCDs, ECBs etc.

De minimis threshold: Interest payments which are less than INR 10 million (approx. USD 150,000) are exempt from the above requirement (on a per assessment year basis).

Major Countries who implemented Thin Capitalization

Australia, Belgium, France, Germany, Italy, Japan, Netherlands, Portugal, Russia, Switzerland, United Kingdom, United

States.

Illustration:

Particulars Reference Year 1 Year 2 Year 3

Case 1 Case 2 Case 1 Case 2 Case 1 Case 2

EBITDA 100,000 100,000 300,000 300,000 500,000 500,000

30% of EBITDA A 30,000 30,000 90,000 90,000 150,000 150,000

Interest paid to:

-AE B 20,000 80,000 20,000 80,000 20,000 80,000

Non AE C 80,000 20,000 80,000 20,000 80,000 20,000

Total Interest Paid D=B+C 100,000 100,000 100,000 100,000 100,000 100,000

Add: brought forward interest disallowed of last year

E - - 20,000 70,000 30,000 80,000

Total interest for the purpose of deduction

F=D+E 100,000 100,000 120,000 170,000 130,000 180,000

Interest to be disallowed, lower of:

-Excess of total interest over @ 30% of EBITDA

G=F-A 70,000 70,000 30,000 80,000 NA* 30,000

-Actual interest paid to AE (including last year’s brought forward)

H=B+E 20,000 80,000 40,000 150,000 50,000 160,000

Disallowance to be carried forward for 8 years

Lower of G or H

20,000 70,000 30,000 80,000 NIL* 30,000

*In this case, since total interest paid is less than 30% of EBITDA, hence there will be no disallowance

Conclusion:

Even though the provisions relating to carry forward of the disallowed excess interest up to 8 assessment years and

exemptions to banking and insurance companies, this move will pose a challenge for debt investment into

infrastructure and real estate companies, where NCDs and debt push down structures are very common. Also, it will

have a great impact on start-up companies which are in the initial years of incurring losses.

Congratulations Helmi Talib & Co, ranked in

Singapore’s 35 largest accounting firms.

Interview with the Singapore Business Review below:

IAPA in the press 2017

The Centre has been working hard to collate member information over the last few months to appear in the 2017

International Accounting Bulletin World Survey. Results were published in the February 2017 issue and show:

IAPA ranking in the Top 10 of global international accounting associations

IAPA ranks as no. 5 in Europe as the leading international accounting association

IAPA ranks in the Top 10 in Asia Pacific of leading international accounting associations

IAPA ranks as no.13 in North America of international accounting associations.

Other press includes:

IAPA Diary for 2017