International Federation of Accountants (IFAC)
IFAC is the global organization for the accountancy profession dedicated to serving
the public interest by strengthening the profession and contributing to the development
of strong international economies.
IFAC is comprised of 179 members and associates in 130 countries and jurisdictions,
representing approximately 2.5 million accountants in public practice, education,
government service, industry, and commerce.
Confederation of Asian and Pacific Accountants (CAPA)
The Confederation of Asian and Pacific Accountants (CAPA) represents national professional
accounting organizations in the Asia-Pacific region. Today, CAPA has a membership
of 31 accounting organizations in 24 jurisdictions.
CAPA is by far the largest regional accounting organization and its geographical
area spans half the globe.
South Asian Federation of Accountants (SAFA)
SAFA as a forum of professional accountancy bodies is committed to position, maintain
and develop the accountancy profession in SAARC Region and ensuring its continued
eminence in the world of accountancy; in the public interest and towards broad economic
development of the region.
Presently, nine accounting bodies of SAFA represent over 250,000 professional accountants.
ICMA is part of the IFRS Foundation. The IFRS Foundation is a not-for-profit, public interest organisation established to develop high-quality, understandable, enforceable, and globally accepted accounting and sustainability disclosure standards. Their Standards are developed by two standard-setting boards, the International Accounting Standards Board (IASB) and International Sustainability Standards Board (ISSB). The coalition is promoting International Financial Reporting Standards and value creation as the next step in the evolution of financial reporting.
International Corporate Governance Network (ICGN)
ICMA Pakistan is the first Professional Accountancy Organisation (PAO) in Pakistan to become a Member of ‘International Corporate Governance Network (ICGN)’. The International Corporate Governance Network is an organization whose mission is to promote effective standards of corporate governance and investor stewardship to advance efficient markets and sustainable economies world-wide. These are achieved through the ICGN Global Governance Principles.