Support is being offered by ACCA (the Association of Chartered Certified Accountants) to IFAC’s (International Federation of Accountants) Small and Medium Practices Forum, which is working to tackle the challenges and opportunities Small and Medium Enterprises (SMEs) and Small and Medium Practices (SMPs) face in an ever-changing global operating environment.
ACCA, the global body for professional accountants, backs the Forum’s aims to discuss the hot issues faced by SMPs, which were placed centre stage recently at IFAC Forum’s sixth annual meeting in Singapore.
ACCA particularly agrees with IFAC’s SMP Committee chair - Giancarlo Attolini - that when small businesses prosper, this also helps the economies to flourish as well.
Mark Gold, chair of the ACCA’s Global Forum for SMEs, one of 10 worldwide assemblies that bring together expertise from all sectors around the world, tackling issues of vital importance to the finance profession and business, says: 'It is pleasing to see that IFAC and the Singapore accountancy body ICPAS have placed SMPs high on the agenda and engaging with SME stakeholders will be critical in this work.
'When ACCA set up its own SME Global Forum last year, we aimed to bring experts together to identify the needs of SMEs around the world and campaign for policy makers to put this sector at the forefront of public policies. ACCA will continue to support IFAC in highlighting how vital SMPs are in their support of a sustainable SME sector.'
For more information, please contact:
Helen Thompson, ACCA Newsroom
+44 (0)20 7059 5759
+44 (0)7725 498654
Notes to Editors
- ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. We aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.
- We support our 147,000 members and 424,000 students in 170 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. We work through a network of over 80 offices and centres and more than 8,500 Approved Employers worldwide, who provide high standards of employee learning and development. Through our public interest remit, we promote appropriate regulation of accounting and conduct relevant research to ensure accountancy continues to grow in reputation and influence.
- Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. We believe that accountants bring value to economies in all stages of development and seek to develop capacity in the profession and encourage the adoption of global standards. Our values are aligned to the needs of employers in all sectors and we ensure that through our qualifications, we prepare accountants for business. We seek to open up the profession to people of all backgrounds and remove artificial barriers, innovating our qualifications and delivery to meet the diverse needs of trainee professionals and their employers.