Royal NIVRAOur position in society and profession

Royal NIVRA at a glance

• Professional organization for chartered accountants (‘registeraccountants’) in the Netherlands

• Over 14,000 members• Office located in Amsterdam, staff of over 120

people • Founded 1895 as NIVA (Dutch institute for

accountants); second oldest professional organization for accountants in the world

• Name changed to NIVRA in 1967, after enactment of Dutch act on accountancy profession

• NIVRA is a public professional organization • Awarded a royal designation in 1995 at 100th

anniversary

Mission

To advance the quality of the professional services provided by ‘registeraccountants’, both for the general interest and to foster ‘registeraccountants’ own mutual interests.

NIVRA Members

• Public accountants 4,398• Accountants in Government 1,220• Internal auditors 686• Members active in

other areas 5,735• Non-active members 1,963

Total 14,002

Organization

• Board (9 members)• Management (6 members)• Council (total members)

International representation

• Royal NIVRA has strong representation on international bodies and committees– IFAC– FEE– IASB– Other European organizations

• Best practice: NIVRA’s twinning agreements with several developing nations, as part of IFAC’s Developing Nations Program

Role and task of NIVRA

Role and task of NIVRA

The Dutch ‘Registeraccountants’ Act (WRA) sets down NIVRA’s main duties and responsibilities:

– to advance the proper practice of the profession by registeraccountants and to foster their joint interest

– to protect the reputation of the profession

NIVRA aims at achieving a high quality of audit and accounting, embedded in good governance and of benefit to society at large

NIVRA’s objectives

• Advancing the proper practice of the profession, by setting standards and monitoring compliance

• Fostering the joint interest and represent the profession in society

• Protecting the reputation of the profession

Areas of responsibility• Audit

– Standard setting for audit and other procedures– Promote compliance with statutory rules and regulations

• Accounting– Review the auditability and practicability of existing

accounting standards– Advise regulators in their definition of rules– Provide guidance to members

• Governance– Active role in governance policy– Offer implementing and compliance guidance to

members

Objectives for the coming years

• Increase our authority in the eyes of our members and society at large

• Contribute to the quality of the accounting profession, nationally and worldwide

• Improve our member services• Shape our multi-faceted identity in a way that is

consistent and recognizable, and appreciated by our members

• Improve our effectiveness and our efficiency

Ways to achieve our objectives

• Play an active role in society• In discussion with stakeholders (for instance

two times a year with the Board of the Netherlands Court of Audit)

• Enhance quality and expertise• Modern take on the role as regulator• Become a powerful, multi-faceted

professional organization• Improve our member services as a true

core activity

Royal NIVRAAntonio Vivaldistraat 2-8 1083 HP Amsterdam The NetherlandsT +3120 3010 301 F +3120 3010 302I www.nivra.nl E nivra@nivra.nl

Contact information

© Royal NIVRA, 2009