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The Institute of Indonesia Chartered Accountants joins Chartered Accountants Worldwide

The Institute of Indonesia Chartered Accountants (IAI) has been awarded Associate membership by Chartered Accountants Worldwide. IAI 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 bodies that are committed to enhancing the value of the 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.

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 Chartered Accountants Worldwide, 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.

 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 maintain regional representative offices in 33 provinces of Indonesia. Since 2011 it has been recognised as the permanent secretariat of  ASEAN Federation of Accountants (AFA).

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Mr Pat Costello, Chairman of Chartered Accountants Worldwide (4th from left) presenting Prof. Lindawati Gani, National Council Member of Institute of Indonesia Chartered Accountants (IAI) with the Chartered Accountants Worldwide membership certificate for associate members. He is joined by leaders of founding members of Chartered Accountants Worldwide.

From left, Mr Anton Colella, Chief Executive, Institute of Chartered Accountants of Scotland, Dr Terence Nombembe, Chief Executive Officer, South African Institute of Chartered Accountants, Prof. Lindawati Gani, National Council Member of Institute of Indonesia Chartered Accountants (IAI), Mr Pat Costello, Chairman of Chartered Accountants Worldwide, Ms Elly Zarni Husin, Executive Director of IAI, Mr Lee White, Chief Executive Officer, Chartered Accountants Australia and New Zealand, and Ms Sue Best, Secretary to the Board, Chartered Accountants Worldwide.

Pat Costello, Chairman of Chartered Accountants Worldwide 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”.

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.”

Chief Executive Officer of the Institute of Singapore Chartered Accountants (ISCA) Lee Fook Chiew said: “We warmly welcome IAI to the Chartered Accountants Worldwide family. It is heartening to see that IAI, one of our closest neighbours in Southeast Asia, has joined Chartered Accountants Worldwide as an Associate member. With IAI now onboard, we look forward to working closely with fellow Chartered Accountancy bodies to elevate the prestige of the Chartered Accountant designation, while strengthening support for Chartered Accountants in Southeast Asia.

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, ICAEW, 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).

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Media enquiries:

Institute of Singapore Chartered Accountants

Contact Eileen Khoo on +65 6597 5609 or email eileen.khoo@isca.org.sg

IAI

ContactDedi Irawan on +62 21 31904232 ext 220 or email dedi.irawan@iaiglobal.or.id

Chartered Accountants Worldwide

Contact James Douglass on +44 (0)20 7920 8718 or email james.douglass@icaew.com   

Notes to editors:

1. Chartered Accountants Worldwide

Chartered Accountants Worldwide has been created by the leading institutes of Chartered Accountants from around the world to support, develop and promote the vital role that Chartered Accountants play throughout the global economy. More information on the organisation can be found at charteredaccountantsworldwide.com 

Chartered Accountants Worldwide Associate membership is open to Chartered Accountancy bodies who:

  • refer to their members as Chartered Accountants and legitimately use the Chartered Accountant brand;
  • are a member of IFAC or an IFAC Recognised Regional Organisation (e.g., CAPA or PAFA);
  • require their members to commit to continuing professional development;
  • are committed to working together to promote the Chartered Accountancy brand; and
  • can demonstrate how they are improving the quality of the Chartered Accountancy qualification.

 2. IAI

Ikatan Akuntan Indonesia (Institute of Indonesia Chartered Accountants – IAI) is responsible for the regulation of professional accountants, including setting accounting standards in the private sector, administering the Chartered Accountant (CA) Indonesia exam, providing continuing professional education, establishing a code of ethics, adopting professional standards, and maintaining a disciplinary system for members. IAI membership comprises accountants from all accounting backgrounds, including public accountants/auditors, management accountants, tax accountants, internal auditors, academics and public sector accountants. Prior to 2014, membership in the IAI was voluntary; however, in 2014, the Minister of Finance Decree No. 25 of 2014 on State Registered Accountants introduced the requirement for accountants to become a member of a professional organization prior to their registration with the Minister of Finance.For more information, please visit http://www.iaiglobal.or.id.

3. Institute of Singapore Chartered Accountants

The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore. ISCA’s vision is to be a globally recognised professional accountancy body, bringing value to our members, the profession and wider community. There are over 30,000 ISCA members making their stride in businesses across industries in Singapore and around the world.

Established in 1963, ISCA is an advocate of the interests of the profession. Possessing a Global Mindset, with Asian Insights, ISCA leverages its regional expertise, knowledge, and networks with diverse stakeholders to contribute towards Singapore’s transformation into a global accountancy hub.

ISCA is the Administrator of the Singapore QP and the Designated Entity to confer the Chartered Accountant of Singapore - CA (Singapore) - designation.

ISCA is an Associate of Chartered Accountants Worldwide – supporting, developing and promoting over 325,000 Chartered Accountants in more than 180 countries around the world.

For more information, visit www.isca.org.sg.