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News

The PAFA newsletter is published every two months. It contains the latest news from the accountancy profession around Africa and beyond. Members and other stakeholders are welcome to submit articles/stories for our editorial review and publication. Click on the links below to read our past newsletters.

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24 May 2023

Request for Proposal (RFP) from Service Providers to develop a learning program for the API on Performance Audits of Health Sector Commodities

This RFP is being distributed on behalf of our partner organisation; the African Professionalisation in Initiative (API)https://professionalisation.africa/


The API develops high-quality learning materials that are compliant with IFAC education standards and other recognized education standards, to enhance public sector accounting and auditing competence.

With funding from USAID, API is developing a learning program, to grow and strengthen the capacity of staff at Supreme Audit Institutions (SAI), internal auditors at Ministries of Health and local accountants to conduct quality performance audits on accountability and stewardship of funding and commodities. This learning program will cover the unique aspects of working as an accountant or auditor in the public sector. It will be offered in partnership with Professional Accounting Organizations (PAOs) to enable them to enhance the skills and knowledge of professional accountants and auditors working in or with the public sector. See attached RFP.


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4 May 2023

PAFA Member, BICA, elects new office bearers

The Council of the Botswana Institute of Chartered Accountants (BICA) has elected Ms. Susanne Swaniker- Tettey as President, Mr. Moshe Libengo as Vice President and Mr. Kushinga Zimucha the Chairperson of the Audit Commitee of BICA. 

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3 May 2023

PAFA Member, ANAN, elects new President for 2023 -2025

Dr. James Ekerare Neminebor has been inaugurated as the 13th President and Chairman of Council, Association of National Accountants of Nigeria (ANAN).

In his Inaugural address titled "Continuing the Mandate for Growth and Expanding the Spread and Visibility" which detailed his presidential agenda for his 2-year tenure, he pledged to deliver effective growth and boost innovation in the Association.

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8 March 2023

PAFA requests proposals to update its quality assurance review guidance

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.

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6 March 2023

API and PAFA Request Proposals for Translation of the Accelerated Learning Programme (ALP) of the API from English to French

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.

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22 February 2023

PAFA requests proposals from consultants to develop roadmap to strengthen public sector accountancy capacity in Burkina Faso

PAFA is seeking to engage a consultant to develop a roadmap to implement the Accelerated Learning Programme (ALP) of the African Professionalisation Initiative (API) in Burkina Faso under the auspices of the Ordre des Experts Comptables et Comptables Agréés du Burkina Faso (ONECCA-BF). The objective is to strengthen public sector accountancy capacity, particularly in the health sector, in Burkina Faso. The development of the API ALP Implementation Roadmap is the first step in this direction. The Request for Proposals (including the ToR) can be accessed here in English and French. Interested consultants are encouraged to apply online (English | French) by 15 March 2023

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15 February 2023

PAFA requests proposals from consultants to support a project at ONECCA-Burkina Faso

PAFA is seeking to engage an individual consultant to coordinate the implementation of the donor-funded project components of the Ordre des Experts Comptables et Comptables Agréés du Burkina Faso (ONECCA-BF) Development Plan. The consultant will be based in Ouagadougou, Burkina Faso and perform the service of in-country project coordinator as set forth in the Terms of Reference.

The objective is to supplement ONECCA-BF’s resources to support the effective and efficient implementation of the ONECCA-BF Development Plan. Working closely with the leadership and staff of ONECCA-BF, the consultant will be responsible for:

  1. Establishing and maintaining the country-level Multi-stakeholder Advisory Group
  2. Coordinating the implementation of the project components in Burkina Faso
  3. Executing any other requests from the leadership and staff of ONECCA-BF

The Request for Proposals (including the ToR) can be accessed here. Interested consultants are encouraged to apply online by 9 March 2023.

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15 February 2023

PAFA Affiliate, ICAI, elects new torchbearers for 2023-24

The Council of the Institute of Chartered Accountants of India (ICAI) has elected CA. Aniket Sunil Talati as the President and CA. Ranjeet Kumar Agarwal as the Vice President of ICAI for one year commencing on 12 February 2023.

CA. Aniket Talati is a Director of ICAI Accounting Research Foundation, Indian Institute of Insolvency Professionals of ICAI, and Extensible Business Reporting Language India, and a member of various other Committees, Boards and Directorates of ICAI. He leads Digital Transformation in ICAI and is also a Technical Advisor to the ICAI member on the IFAC Professional Accountants in Business Advisory Group and the ICAI member on the IFAC Board.

CA. Ranjeet Kumar Agarwal is a practicing Chartered Accountant with 24 years of experience. As Chairman of the Ethical Standard Board of ICAI in 2019, he played a key role in the revision of the Code of Ethics. He was also the Chairman of the ICAI Committee for Members in Industry and Business & Tax and the ICA Audit Quality Review Board where he led major refinements in processes.

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PAFA MOU with AAFA
14 February 2023

PAFA and Arab Federation of Accountants and Auditors MOU to promote greater collaboration

A new Memorandum of Understanding between PAFA and the Arab Federation of Accountants and Auditors will enable the organisations to work beyond regional borders to connect the accountancy profession in a more global way. The MOU will strengthen collaboration in strategic areas of mutual interest, including supporting professional accountancy organisations on their journey to membership of the International Federation of Accountants, expanding the African Professionalisation Initiative to include Arabic-speaking countries in North Africa and beyond, and advancing audit quality.

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14 February 2023

PAFA calls on professional accountancy organisations to develop future-fit strategies

PAFA’s members and associates represent more than 123,000 professional accountants on the continent. Drawing on studies conducted by PAFA and key collaborators, the outcomes of the 2022 PAFA PAO Leadership Forum, and publications of the African Professionalisation Initiative (API) and IFAC, the call highlights five areas of focus that professional accountancy organisations should consider in developing their strategies for 2023 and beyond to support the development of future-fit professional accountants for Africa:

  1. Sustainability reporting and assurance
  2. Governance, transparency and accountability in the public sector
  3. The quality of accountancy services
  4. The Africa Continental Free Trade Area (AfCFTA) Agreement
  5. Anti- corruption and the fight against economic crime

Access the call here.

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14 February 2023

PAFA Annual General Meeting

The Team at PAFA is excited to welcome to the PAFA Annual General Meeting (AGM) in Abidjan, Côte d'Ivoire on 14 May 2023, alongside ACOA2023.

Click here to access the PAFA General Assembly agenda and the
Notice of the Annual General Meeting (“AGM”)
in preparation for the 13th General Assembly of PAFA.

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4 February 2023

PAFA Calls for Expressions of Interest (EOI) to Update the ICAG Professional Qualification

The Call for Expression of Interest, which was issued on 2 February 2023, is the first under the PAFA PAO Development Programme. The project to update the professional qualification of the Institute of Chartered Accountants of Ghana is funded under the IFAC, Gavi – The Vaccine Alliance, and The Global Fund Memorandum of Understanding. Interested service providers should carefully review the Call for Expressions of Interest and the Terms of Reference before expression interest here by 16 February 2023.

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