South Asian Federation of Accountants explained

South Asian Federation of Accountants (SAFA)
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Label3:Status
Data3:A forum under SAARC
Label6:Headquarters
Label8:President
Data8:Mr. Heshana Kuruppu
Label9:Vice President
Data9:Mr. Ashfaq Yousuf Tola
Label13:Member's Designations
Label16:Website

The South Asian Federation of Accountants (SAFA) is a forum of professional accounting bodies in the South Asian Association of Regional Cooperation (SAARC) region of eight nations. It works in the public interest and towards broad economic development of the region in part through promoting harmonization of accounting standards and practices.

It was founded in 1984. The strategy of the organization is not to create new standards, but rather to promote harmonization by building common knowledge and adoption of International Accounting Standards (IAS, which accommodates regional/national variations).[1] [2]

Former presidents of the SAFA include Jamal Uddin Ahmad.[3]

Notes and References

  1. Book: Harmonization of Accounting Measurement Practices in South Asia. Muhammad Jahangir Ali, Kamran Ahmed and Darren Henry. 28 June 2006. 19. 25–58. Advances in International Accounting. 9780080463223.
  2. Book: Accounting Education in South Asia . K.R. Sharma . 2004 . Ashok Kumar Mittal Concept Publishing Company. 9788180690426 .
  3. News: Former deputy prime minister Jamal Uddin Ahmad dies . . 2015-01-14 . 2015-01-04.