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 58 professional accountancy organisations in 47 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.
PAFA signs MOU with SAAA-Zimbabwe to implement Accounting Technician Qualification for Africa: PAFA CEO calls on all PAOs in Africa to embrace Accounting Technicians
Johannesburg, South Africa, 29 November 2024 - The Pan African Federation of Accountants (PAFA) signed a Memorandum of Understanding (MOU) with the Southern Africa Association of Accountants (SAAA) to implement the Accounting Technician Qualification for Africa (ATQA) in Zimbabwe.
The ATQA was developed by the World Bank as a public good designed for adoption by African countries to help build a skilled workforce of accounting technicians for both the private and public sectors. PAFA has been authorised by the World Bank to offer the ATQA to professional accountancy organisations (PAOs) in countries seeking to deliver a high-quality technician-level qualification.
Speaking at the official MOU signing ceremony, The PAFA CEO, Alta Prinsloo, said that PAFA’s plan to advance ATs is a critical initiative aimed at equipping individual accountants at all levels with essential accountancy skills to address key challenges of governance, transparency, and accountability in the public and private sectors, including addressing corruption and economic crime. She said that the initiative is not just about enhancing technical proficiency; it is about fostering economic growth, improving governance, and increasing foreign investment. The PAFA CEO concluded her message issuing: A Call to all PAOs in Africa to embrace the Accounting Technician Qualification as way of enhancing the service of the accountancy profession to benefit the public sector, private sectors and all the economies and markets in Africa.
PAFA welcomes: The Somali Institute of Certified Public Accountants (SICPA) – as an Associate and;
The Institute of Administration and Commerce (IAC) Zimbabwe - upgrading from Associate to Member
Johannesburg, South Africa, 21 November 2024 – PAFA is delighted to welcome SICPA into the PAFA family as an Associate and IAC Zimbabwe upgrading from Associate to Member. SICPA’s and IAC Zimbabwe’s applications were approved at the October 2024 PAFA Board meeting. PAFA’s membership now comprises 58 professional accountancy organisations in 47 African countries and five international affiliations.
PAFA is aware that the accountancy profession could contribute more effectively to the African continent’s development if national professional accountancy organizations are supported by a functioning continental organisation. Accordingly, along with other members and associates, PAFA is committed to supporting SICPA’s and IAC Zimbabwe’s continuing development to effectively serve the public interest in Somalia, Zimbabwe and Africa.
About PAFA The Pan African Federation of Accountants (PAFA) is the continental body representing Africa's professional accountancy organisations and an International Network Partner of the International Federation of Accountants (IFAC). Our vision is: “Sustainable value creation to benefit the citizens of Africa’’ and our mission is: “To strengthen the capacity and influence of the accountancy profession in Africa to enhance trade, the quality of services, and trust in institutions.
