SAICA welcomes Institute of Indonesia Chartered Accountants (IAI) to an elite league of chartered accountants

OCTOBER 11, 2016

The South African Institute of Chartered Accountants (SAICA) has thrown its weight behind the joining of The Institute of Indonesia Chartered Accountants (IAI) to the Chartered Accountants Worldwide (CAW). IAI has been awarded Associate membership to CAW and it is the fifth professional body to be admitted to the organisation since it was launched in February 2013.

As an Associate member, IAI joins a group of globally-recognised Chartered Accountancy (CA) bodies that are committed to enhancing the value of the CA brand and the profession. Its membership recognises the importance of the qualification in Indonesia and demonstrates IAI’s commitment to the highest professional and ethical standards.

Dr Terence Nombembe, CEO of the South African Institute of Chartered Accountants (SAICA) said: “We are thrilled to have IAI join CAW as an associate member; it is always gratifying to collaborate with other institutes across the globe, not only to enhance the chartered accountancy profession but also to demonstrate the significant role CAs play in the local and global economies.”

Chartered Accountants have been a mark of excellence in the accountancy and business sectors for over 150 years. They are working in over 200 different countries across the world. By joining CAW, IAI will boost its international presence and contribute to the further development of the profession. It will also open up access to events and networking opportunities for its members.

Pat Costello, Chairman of CAW said: “I am delighted to see IAI join the Chartered Accountants Worldwide family. Every member brings something new to the table and we look forward to working with them on developing the profession and enhancing the value to our members. We are continuously expanding our outreach and now support over 630,000 Chartered Accountants around the world”.

IAI was established in 1957 to guide the development of the accountancy profession in Indonesia and improve the quality of accountancy education and professional standards. Headquartered in Jakarta, IAI maintains regional representative offices in 33 provinces of Indonesia. Since 2011 it has been recognised as the permanent secretariat of ASEAN Federation of Accountants (AFA).

Professor Mardiasmo, President of IAI, said: “The Chartered Accountant (CA) Indonesia qualification was established to raise the standards of professional accountants in Indonesia. Membership with and recognition from Chartered Accountants Worldwide is a key milestone in IAI’s continuous efforts to further strengthen the CA Indonesia qualification, with the broader aim to build the capacity of professional accountants in the country and be ready with the ever-changing regional and global environment.

IAI and I believe accountants in Indonesia welcome the opportunity to work together with Chartered Accountants Worldwide and its members, to strengthen the role of the accountancy profession and influence the future of the global profession.”

By joining Chartered Accountants Worldwide as an Associate member, IAI with over 35,000 members ensures the global expansion of the organisation. The rest of the Chartered Accountants Worldwide family are founder members; Chartered Accountants Australia and New Zealand (CA ANZ), Chartered Accountants Ireland, Institute of Chartered Accountants England and Wales (ICAEW), Institute of Chartered Accountants Scotland (ICAS), the South African Institute of Chartered Accountants (SAICA) and associate members; the Institute of Singapore Chartered Accountants (ISCA), the Institute of Chartered Accountants of Pakistan (ICAP), The Zambia Institute of Chartered Accountants (ZiCA) and the Institute of Chartered Accountants of India (ICAI).