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Welcome to IAPA’s Quarterly newsletter
Q1, March 2017
SSeptembe20162016
2016
IAPA - A global association of independent accountancy and business advisory firms
>185 member firms 67 countries
DISPATCHWORK IAPA’s quarterly news publication containing news
and information for Members of IAPA
Creating the fabric of a global society
Global Support.
Local Knowledge.
IAPA Social
Words from the Vice Chairman
fully at the next International Board
meeting, in May when we meet
during the USA regional event. These
are mainly recruitment (particularly in
the USA and a large portion of the US
regional event will be dedicated to
discussing this), marketing and
additional member services. In terms
of the latter, we were pleased to see
members expressing interest in
webinars and regular tax bulletins
amongst others, and the Centre will
work towards implementing these
ideas in the immediate future.
I have just returned from Dubai
where we held the EMEA and Asia
Pacific Regional Conference. It was a
wonderful location and a real success
combining both regions for the first
time. I was delighted to welcome 2 of
our 5 new members firms who have
been appointed since the beginning
of the year and to introduce them to
the membership. A report on the
event can be found within this
newsletter. The AGMs welcomed
new board members to each region
and I congratulate them all and
Dear members
Welcome to the first edition of the
2017 IAPA Dispatchwork newsletter.
There has been much going on within
IAPA over the last few months and I
am pleased to give you an update on
events that have happened since
December 2016.
I sent a mini newsletter to you all in
January to update you on the events
post Rio. The Centre has been able to
make contact with the majority of our
global members to gain feedback
regarding your membership and we
have now collated the results of the
members’ survey. A selection of these
responses can be found in this
newsletter and a full summary will be
emailed to all contact partners and
placed on the members’ portal shortly.
I was really delighted to see that
responses show the vast majority of
members are happy with the
association and feel you get value for
money. The survey highlighted key
areas to expand on/improve that the
Centre is already focusing on and that
the International Board will deliberate
meeting, in May when we meet during
the USA regional event. These are
mainly recruitment (particularly in the
USA and a large portion of the US
regional event will be dedicated to
discussing this), marketing and
additional member services. In terms
of the latter, we were pleased to see
members expressing interest in
webinars and regular tax bulletins
amongst others, and the Centre will
work towards implementing these
ideas in the immediate future.
welcome Ozgur Demirdoven, the
new EMEA Chair, who will now sit
as the EMEA board representative
on the International Board.
The EMEA AGM in Dubai was a
significant meeting in terms of
answering queries and questions
still outstanding from several
members following the collapsed
merger discussions. The merger
with Allinial Global fell through as
extra conditions to protect the
interests of all IAPA firms,
requested by members in Rio, were
considered unacceptable to the
other party. Several EMEA
member firms however,
disappointed with the collapse,
wanted to know more. The EMEA
Board were able to address their
questions in Dubai, reaching the
conclusions that there is no more
room for negotiations with Allinial
Global, that the association has a
different business model and ‘fit’
to IAPA and that profuse
transatlantic business
opportunities were not evident.
With these queries now put to rest,
the board agreed that recruitment
within IAPA was a top priority. The
AGM confirmed however, by show
Contd…
Still time to register for Rio…
IAPA International Conference
Rio de Janeiro, Brazil
23-26 October 2016
Visit the IAPA Portal for full details
IAPA delighted to announce one day event ‘Brexit Forum’
Friday, 12 May, London UK
In collaboration with the UK200Group
Open to all IAPA members
For those wanting to know more on how Brexit will impact your
firm and your clients
See inside for more information or email [email protected]
This will be the start of a series of
Leadership events, open to all
members using an external
presenter, Martin Bissett to lead
the programme. It was a great
success and I look forward to
seeing how these one-day events
progress. I am also delighted to
organise our first event with the
UK200Group on 12 May on Brexit.
I know many members have
expressed interest – please do
sign up as soon as you can as
spaces are limited.
The 2017 global conference is in
Barcelona, Spain, 22-25 October.
Please keep this date free in your
diary and attend. The best way to
maximise your membership of
IAPA is to attend conferences and
spend time with your fellow IAPA
colleagues.
This is a members association, run
by members and your individual
voices are extremely important
and will help shape the future of
our association. I look forward to
working with you all, supported
by the Centre to help strengthen
and realise IAPA’s vision.
With best wishes
Martin Clapson
IAPA Vice Chairman.
Vice Chairman’s
words continued…
Who’s Who @ IAPA
International Board
Following the EMEA AGM in Dubai, IAPA is delighted to welcome Ozgur Demirdoven as the new EMEA Chairman and therefore the new EMEA representative on the International Board.
John
Campbell
Treasurer and Canadian Representative
Martin Clapson
Vice-Chairman
Tom Rex
USA Regional Chair
Ramon
Gonzalez
Latin-American Regional Chair
Mohd Noor
Abu Baker
Asia-Pacific Regional Chair
of hands, that dual membership
with other associations is not
what the EMEA members seek.
As mentioned in past
newsletters, there are a handful
of IAPA members who decided
to leave the association and join
Allinial, and a list of these losses
appears in the Centre’s report,
attached as a supplement to this
newsletter. Despite concerns we
have not lost as many firms as
some had previously indicated.
We may still lose more but we
are at the same time winning
new members. I expect IAPA to
remain in the top 10
international accounting
associations for many years to
come.
It is of course disappointing to
lose member firms, but we have
received much support and
positive feedback over the last
few months, particularly in
person in Dubai, and we look
forward to reporting in the
coming months exactly how
IAPA plans to enhance its service
offerings and grow in key
locations. IAPA will be stronger
moving forward.
In terms of new service
offerings, IAPA held its first
Leadership Forum in Amsterdam
for aspiring partners within our
firms.
Ozgur
Demirdoven
EMEA Regional Chair
Martin
Selection of
membership Survey
(full results can be found on the
IAPA portal under newsletter)
IAPA Dubai 2017 was the first time the
EMEA and Asia Pacific regional
conferences have combined forces for a
joint event and we were delighted to
welcome over 55 delegates from 40
member firms covering some 26
countries.
This fascinating city was chosen due to its
global connectivity and convenient
location for the 2 regions. Many
delegates had not been to Dubai before
and were wowed by this hugely
impressive city that combines a unique
blend of Arabic culture with ultra-
modern/world class infrastructure. The
event was held in the Ritz Carlton DIFC
right in the heart of the financial district
and a very short taxi ride away from the
famous Dubai shopping mall and the
magnificent Burj Khalifa.
This year the programme was designed to encompass interests from both regions, expanding on ‘thought leadership’ and ‘practice management’ topics.
Member led presentations included ‘The
future of IAPA’ by Vice-Chairman Martin
Clapson, offering insight into how IAPA
will develop and grow over the next 12
months, incorporating feedback from the
recent Members’ Survey.
A fascinating update on ‘Doing Business in Dubai’ was given by Vipul Kothari, Kothari Auditors & Accountants, (above) IAPA’s member firm in Dubai and Uday Gandhi, from U.S Gandhi & Co, India delivered an engaging presentation on ‘Recent trends in fraud and detection techniques’(below left). As well as the usual Tax Forum (chaired by Jay Sanghrajka, Price Bailey UK and MunKit Wong, Fiduciary Asia, Hong Kong) and the Audit Forum (chaired by David Stevens, Ellacotts /UK200Group, UK, pictured above right), IAPA was delighted to welcome Martin Bissett from The Upward Spiral Partnership to talk on ‘The Secrets of superior accounting firms’ who gave delegates plenty of material to think about and implement when returning back to their firms. Having recruited 5 new firms since
the beginning of 2017, including 2
from the EMEA region and 2 from
Asia Pacific, we were delighted to
welcome some of our new members
in person. Wajira Kaluarachchi from
SWT Associates, Sri Lanka and
Ibrahim Alaziq from Ibrahim Alaziq,
Saudi Arabia introduced their firms to
delegates during the new members’
The EMEA and Asia Pacific Conference,
Dubai. 17-19 March 2017
The vast majority of
members feel you get value
for money for your IAPA
membership dues.
- - -
Webinars and regular tax
bulletins were top of list for
additional member services.
More speakers at
conferences on 1) Soft
skills/practice management
[orange] (2) Motivational
talks [green] (3) technical
topics [blue].
Niche areas to focus IAPA
seminars on: forensic
auditing, insolvency,
investment incentives, VAT/
sales tax.
Associates, Sri Lanka (below left).
and Ibrahim Alaziq from Ibrahim
Alaziq, Saudi Arabia (above right)
introduced their firms to delegates
during the new members’
presentations.
The EMEA AGM was extended for
important discussions on the way
forward for the region and the board
members spoke passionately about
developing the area in line with the
new strategy document.
Martin Clapson, Vice Chairman, then
presented to the group IAPA’s future
conferences, with new one-day
forums in Europe planned, the US
regional event in Miami this year and
the International conference location
announced as Barcelona, Spain.
The AGMs for each region welcomed
new members to the board. IAPA
As always, local culture and customs
are important to IAPA and delegates
and guests were able to network
further outside of the hotel on a
wonderful social programme that
showcased Arabian culture.
The popular half day networking
afternoon on Friday took all
participants into the desert for an
Arabian adventure with dune
bashing, a sunset stop to watch a
falcon show and an evening dinner
under the stars in a Bedouin camp
with Arabic food and entertainment.
By contrast, the conference finished
on Saturday evening with a
wonderful dinner on Dubai’s famous
beach at the Ritz Carlton Jumeirah
beach resort. Here, Patrick Riou,
EMEA Treasurer announced Wayne
Price, Castletons, Australia as the
winner of the 2017 EMEA golf
tournament, now an established
and popular pre-conference
networking day.
Both the conference and
sightseeing opportunities in Dubai
were thought provoking and
inspiring and we trust our members
returned home refreshed,
energised and ready to do business
with new ideas generated from the
event.
Below: delegates enjoying the falcon
show at sunset in the desert.
Dubai 2017 continued…
Congratulations
new EMEA and
Asia Pacific
Board members
following the
2017 regional
AGMs in Dubai:
Congratulations to Ozgur Demirdoven, newly
elected EMEA Chair and new EMEA board members
Neal Morrison, Javier Sanjuan and Iris Stark. The
full EMEA board pictured above.
Warm welcome to Kunal Gandhi (above
left) new Asia Pacific Board member
and congratulations to Mohd Noor Abu
Baker who continues as regional Chair
(above right).
Landa Auditores SpA
Santiago, Chile
Established in 2016 this firm specialises in Audit services and was set up by 2 partners with over 25 years experience each in the industry. Contact Partner: Mr Juan Landa
Email:
[email protected] T: +562 28606100 W: http://www.landa.cl/
IAPA New Members:
IAPA is delighted to welcome the following new members over the last 3 months:
Ibrahim Alaziq CPA
Riyadh, Saudi Arabia
Established in 2008, Ibrahim Alaziq
is an audit and accounting
consultancy firm providing
integrated services including tax,
assurance and consulting services.
Contact Partner: Mr Ibrahim Alaziq
Email:
[email protected] T: +966 11 416 1008 http://www.alaziq.com/
Muhammad
Shaheedullah & Co
Dhaka, Bangladesh
Established in 1975 this firm offers the usual range of services including evaluation, inventory management and control, financial analysis and feasibility. Contact Partner: Mr Muhammad Shaheedullah
Email: [email protected] T: + 88 01789 168925 W: http://www.mscoca-bd.com/
Al Baraki CPA
Riyadh, Saudi Arabia
Established in 2016 this firm specialises in Audit services and was set up by 2 partners with over 25 years experience each in the industry. Contact Partner: Mr Eid Al Baraki
Email: [email protected] T: + 966 92 000 2183 W: http://www.bca.sa/
SWT Associates
Colombo, Sri Lanka
Set up in 2005, SWT Associates is
a dynamic and progressive firm of
Chartered Accountants providing
a wide range of audit, tax and
advisory services to clients locally
and internationally.
Contact Partner: Mrs Wajira Kaluarachchi
Email: [email protected] T: + 94 112 8343 70 W: http://www.swtassociates.lk
IAPA is delighted to collaborate with the UK200Group
and announce a one-day ‘Brexit Forum’ open to all
members.
The purpose is to help prepare IAPA and UK200Group
members for a world where the UK is no longer in the
EU. This raises questions about a range of issues
including, trade, taxation and immigration, all of which
will affect our members and their clients in some
way. We are therefore taking a lead to make sure our
members are as informed as possible, as early as
possible.
You should attend this event if you have an interest in:
The impact of Brexit on your firm and clients
Which aspects of the Brexit negotiations are the most important for you
Developing national and international partnerships
Adopting a proactive approach to Brexit
Business development with an emphasis on trade.
During the event you will:
Receive and discuss the results of the latest UK200Group Brexit Survey **
Hear perspectives from leading international accountancy and law firms
Share your experiences, hopes and fears about Brexit
Contribute to the development of an action plan to support your firm and client groups
Network with like-minded professionals.
Brexit Forum – Information and Insights
12 May 2017, London, UK
**We are collating feedback from all IAPA members on
what Brexit means for you and ask you to complete our
Brexit Survey. The results will be fed back during the
Forum and sent to all members unable to attend. To
complete the Brexit Survey please click here.
Beyond the Brexit Forum, we have arranged a walking
tour of some of London’s most famous landmarks
finishing at the Sherlock Holmes pub, near Trafalgar
Square, followed by dinner in the evening.
Places are limited so you need to book early to avoid
disappointment.
This forum is open to all our global members. The draft
agenda and registration forms can be found on the
members’ portal. The registration fee is £120 including
VAT.
For more information, please contact Joy:
IAPA USA Regional Conference
18-21 May, Miami
Please join us. Registration to open soon!
Request from IAPA’s finance & IT
support manager:
This one day event, ‘Passport to Partnership’, for
Senior Managers and Partners was held at the
Radisson Blu Hotel in Amsterdam’s airport on 10
February 2017. Martin Bissett, founder of The Upward
Spiral Partnership, presented a very engaging and
interactive programme which focussed on the 7 key
categories or 7 ‘C’s of leadership behaviour. Each ‘C’
examines the major behaviours, characteristics and
skills sets partners require from senior managers to be
future leaders of their firm.
Patrick Riou, EMEA Board Member and Treasurer
opened the forum welcoming the group, and the
speaker, on behalf of IAPA. Martin Bissett then led the
morning sessions covering an overview of the 7Cs and
general discussion on what each delegate would like
to be remembered for. After lunch the group focussed
on all the categories in depth; Competence, Culture,
Communication, Conversion, Commitment, Challenges
and Commercial Awareness.
Delegates had plenty of opportunities to network throughout the day, and during an informal evening dinner, benefiting not only from what they learnt during the Partnership Forum but from building relationships within IAPA too.
It was a great day, full of energy, thought and participation and much to think about when returning back to the office.
IAPA NEW ‘Passport to Partnership’ Leadership
Forum. February 10, 2017.
Referrals for 2016 – we are still missing reports from 33
members, some of whom regularly receive referrals, so
we would be most grateful if those of you who have not
yet had the opportunity to respond could do so soonest.
We are often asked what as an organisation IAPA can do
to aid member firms in receiving referrals. Keeping your
profile up to date is the first step and if you require any
help with this, please let me know.
In addition, we are noticing that rarely are the
“description of work” fields completed or supplied. We
do analyse the work referrals and can see where the
workflows originate and end up by firm and by country.
However, with the new CRM we have a facility to identify
the types of work being referred and this could then act
as an instrument to alert members to opportunities that
they would otherwise not be aware of. Please do
therefore update your firm’s profile in the IAPA portal.
With many thanks
Kimberley Muir
Delegate comments included:
‘Martin was a very good presenter – an engaging style and very knowledgeable’
‘Martin did well with the course content. It was aimed at the right level and encouraged you to look at certain areas of your approach to work and clients that give a different view point to the default position’.
Watch the video here.
The power of your pose
As broad oriented business advisors it is
important to understand all kind of
aspects of the negotiation process in
order to be able to prepare in advance
your position and behavior. The
following tip has been selected for you
and your clients to strike the best
power pose possible.
Don’t ever underestimate the power of
your own pose during a negotiation.
Your body posture influences both your
physiologic reactions as your mental
state of mind. Research shows (source,
Margaret A. Neale and Thomas Z. Lys, manual for
negotiation) that your body posture has an
effect on your cortisol level (stress-
hormone), testosterone level (power-
hormone) and your willingness to take
risks.
During an experiment they started to
take saliva samples with the case panel.
After this, the panel was brought to a
small meeting room where they sat
down during a negotiation in either an
open pose or a closed pose.
After some time again saliva samples
were taken. The test persons with the
open pose, showed a low cortisol level
and a high testosterone level.
Apparently they experienced less stress
and more power Unlike the test
persons with the closed pose, they
showed a high cortisol level and low
testosterone level. More stress with
less power to achieve a success.
Next to these facts it appeared
to be that people with an open
pose are likely more willing to
take risks during a negotiation.
People with a closed pose will
choose for safety and
guaranteed results.
Of course other factors play
important roles during a
negotiation and only your body
posture will not make you
immune to those. But yet, your
body posture obviously is an
effective way to make yourself
think and act with a greater
sense of power. And with this
attitude in your mind, your
opponent in a negotiation will
react to your posture in a way
that will strengthen your sense
of power which will create
positive feedback.
Jan van Wijngaarden, Partner
Bart Koreman, Senior Advisor
News from IAPA member firms:
JM Corporate Finance, The Netherlands (IAPA associate member)
Of course the abovementioned tip
can also be applied in other
situations. Should you or your
client consider a (strategic)
takeover or establishment in the
Netherlands or would you like to
discuss any Corporate Finance
issues, please feel free to contact
us.
For further information regarding
our core business we refer to our
website
www.jmcorporatefinance.nl/uk
News from Israel
Big changes accrued in the Israeli tax law
1. Reduction of the corporate tax rate
Reduction from 25% to 23%:
- In 2017 tax year- 24%
- In 2018 tax year- 23%
2. Tax brackets for an individual
The additional tax was increased from 2% to 3%,
and the amount on which it is to be paid was
reduced to annual taxable income exceeding NIS
640,000.
Contrarily, the maximum marginal tax rate was
reduced to 47% instead of 48%.
Likewise, the tax brackets were updated.
3. Lotteries and prices
The tax rate was increased from 30% to 35% (upper
limit of exemption-NIS 49,320).
4. Taxation of company profits
The tax applies on major shareholders in a
company, when monies were withdrawn by them,
or their relatives, or when a company asset was
provided for their use, or their relatives' use.
The withdrawals will be deemed as income to the
shareholder, at the end of the year subsequent to
the tax year in which they were withdrawn.
5. Tax on multiple residences
The tax applies on an individual who owns several
residential units, in which the ownership
percentage is 249% or more.
The tax rate is 1% of the "determining amount" of
the unit, calculated according to the Tax Authority's
formula, up to a ceiling of NIS 1,500 per month.
6. Law for Encouragement of Capital Investments
Additional tracks were prescribed for preferred
technology enterprises that confer reduced tax
rates on profits deriving from intellectual property.
The objective is to grant reduced tax rates to an
industrial enterprise in the hi-tech industry.
Find out more about IAPA
conferences / events
Watch IAPA TV
Visit www.iapa.net
Above: Iris Stark talking at the Institute of Certified Public
Accountants, Israel
News from AAFCPAs,
Westborough/Boston/Wellesley, MA, USA
Rich O’Neil and Tiffany Wopschall, CPA have been promoted to Manager
Aileen Wilson has been promoted to Manager, Managed Accounting Solutions
Emily Donnelly, Brendan Lawrence, Matthew Robinson, and Patrick McIntyre have been promoted to Supervisor
Greg Bielski has joined the firm as Chief Financial Officer
Christopher P. Consoletti, Esq. has joined the firm as Trust, Estate & Nonprofit Tax Associate
Meghan O’Neil has joined the firm as Accountant, Managed Accounting Solutions
Steve Lanza has been promoted to Semi-Senior Accountant
Phyllis Roy has been promoted to Lead Executive Assistant, and Cheryl Melendy has joined the team as Executive Assistant and Wealth Management Client Support Specialist
Carolyn Pisani has been promoted to Office Manager
As Donald Trump was sworn in as the 45th U.S. president, AAFCPAs' Matt Hutt and other health policy experts share with Managed Healthcare Executive what’s next for healthcare. Read more.>>
The Government of India via Finance Bill, 2017 has proposed to introduce a new section, section 94B in the Income Tax Act, 1961 to overcome loss of revenue by way of Thin Capitalization. The same shall be applicable w.e.f AY 2018-19.
What is Thin Capitalisation?
When an entity has a high proportion of debt compared to equity, it is said to be thinly capitalized.
The introduction of Thin Capitalisation is in line with the Indian tax department’s programme of aligning Indian tax
rules with global norms (BEPS Action Plan 4)
A new section 94B proposed to be inserted to the income tax act which provides that where an Indian company or PE of a foreign company makes interest payments (or similar consideration eg. Guarantee given) to its associated enterprise, such interest shall not be deductible at the hands of the Indian company/ PE to the extent of the “Excess Interest”.
The term “excess interest” is defined as:
Amount of total interest which is in excess of 30% of earnings before interest, tax and depreciation (EBIDTA);
or
Actual amount of interest paid to the AE,
whichever is less.
Such disallowed interest shall be carried forward up to 8 assessment years.
The UAE will soon bring out a Foreign Direct Investment
(FDI) law that will allow up to 100% foreign ownership in
selected sectors. The draft law, which will soon be sent
for Cabinet approval, was finalized by the UAE Ministry of
Economy after consulting all local entities related with
FDI. It will subsequently be sent to the Federal National
Council for discussion.
A high level committee will decide the sectors that shall
attract the enhanced FDI. The percentage of ownership
for foreign investors will be raised from 49% to 100%
under the new law. Priority will be accorded to the
sectors that have the potential to attract investment
where value addition is necessary such as education,
water, healthcare, renewable energy, etc.
The new FDI law is planned to support the country
against depressed oil prices, regional instability and
economic shocks like Brexit.
This forms part of UAE’s larger economic plans to increase its diversification programme aimed to permanently reduce dependency on oil as it is not expected to rise in next few years. The government targets to reduce its oil related GDP from 30% to 20%, as well as plans on FDI being 5% of its GDP by 2021. A knowledge-based economy that is underpinned by an increase in FDI and a greater number of free trade agreements is in the offing.
News from the UAE: New FDI law is proposed for cabinet’s approval
Introduction of Thin Capitalization Rules in India
The definition of ‘debt’ is wide and covers any loan, financial instruments, financial lease, financial derivative or any other arrangement giving rise to interest, discount or other financial charges. This could potentially cover debt instruments like masala bonds, NCDs, CCDs, ECBs etc.
De minimis threshold: Interest payments which are less than INR 10 million (approx. USD 150,000) are exempt from the above requirement (on a per assessment year basis).
Major Countries who implemented Thin Capitalization
Australia, Belgium, France, Germany, Italy, Japan, Netherlands, Portugal, Russia, Switzerland, United Kingdom, United
States.
Illustration:
Particulars Reference Year 1 Year 2 Year 3
Case 1 Case 2 Case 1 Case 2 Case 1 Case 2
EBITDA 100,000 100,000 300,000 300,000 500,000 500,000
30% of EBITDA A 30,000 30,000 90,000 90,000 150,000 150,000
Interest paid to:
-AE B 20,000 80,000 20,000 80,000 20,000 80,000
Non AE C 80,000 20,000 80,000 20,000 80,000 20,000
Total Interest Paid D=B+C 100,000 100,000 100,000 100,000 100,000 100,000
Add: brought forward interest disallowed of last year
E - - 20,000 70,000 30,000 80,000
Total interest for the purpose of deduction
F=D+E 100,000 100,000 120,000 170,000 130,000 180,000
Interest to be disallowed, lower of:
-Excess of total interest over @ 30% of EBITDA
G=F-A 70,000 70,000 30,000 80,000 NA* 30,000
-Actual interest paid to AE (including last year’s brought forward)
H=B+E 20,000 80,000 40,000 150,000 50,000 160,000
Disallowance to be carried forward for 8 years
Lower of G or H
20,000 70,000 30,000 80,000 NIL* 30,000
*In this case, since total interest paid is less than 30% of EBITDA, hence there will be no disallowance
Conclusion:
Even though the provisions relating to carry forward of the disallowed excess interest up to 8 assessment years and
exemptions to banking and insurance companies, this move will pose a challenge for debt investment into
infrastructure and real estate companies, where NCDs and debt push down structures are very common. Also, it will
have a great impact on start-up companies which are in the initial years of incurring losses.
Congratulations Helmi Talib & Co, ranked in
Singapore’s 35 largest accounting firms.
Interview with the Singapore Business Review below:
IAPA in the press 2017
The Centre has been working hard to collate member information over the last few months to appear in the 2017
International Accounting Bulletin World Survey. Results were published in the February 2017 issue and show:
IAPA ranking in the Top 10 of global international accounting associations
IAPA ranks as no. 5 in Europe as the leading international accounting association
IAPA ranks in the Top 10 in Asia Pacific of leading international accounting associations
IAPA ranks as no.13 in North America of international accounting associations.
Other press includes:
IAPA Diary for 2017