Established in May 2011, PAFA is a not-for-profit organisation that works to strengthen the capacity and influence of the accountancy profession in Africa.
We are recognised as a regional organisation and network partner by the International Federation of Accountants. Our membership comprises 56 professional accountancy organisations in 45 African countries and five international affiliations.
The objective of API is to realise an African public sector capacitated by competent, influential and ethical accountancy professionals who support good finance governance towards realisation of accountability and transparency in the use of public resources.
Three new standards―International Standards on Quality Monitoring (ISQM) 1 and 2 and International Standard on Auditing (ISA) 220 (Revised)―aim to strengthen and modernise quality management. The standards became effective on 15 December 2022.
In 2017, PAFA issued extensive guidance on quality assurance reviews for professional accountancy organisations / regulators. PAFA is now inviting proposals from consultants to update this guidance considering the new ISQM, ISA 220 (Revised), and other international developments.
The mission of the African Professionalisation Programme (API) is to grow the capacity of accountancy professionals in the African public sector for enhanced service delivery. The API achieves this mission through developing online learning programmes and facilitating the adoption and implementation of these programmes across the public sector in Africa.
One of the learning programs is the Accelerated Learning Programme (ALP) which targets Incumbents: senior officials in public financial management (PFM) roles who do not have a professional accountancy background.
The Pan African Federation of Accountants (PAFA) is a partner in the API.
PAFA has been engaged by the International Federation of Accountants (IFAC) to implement a project funded by Gavi – The Vaccine Alliance and The Global Fund to strengthen accountancy and finance capacity in the public sector, particularly the health sector, in Burkina Faso. The API ALP will be used for this purpose. The API ALP is available only in English. It will be translated into French and contextualised for this purpose.
