IAFEI MEMBERS INSTITUTES

ACTIVITIES:

• Membership
  • Developing the nation-wide network of CACFO and enlarging the membership
  • Improving the quality of services to meet diversified requirements of the membership
• Research
  • Carrying out cooperative research on development of CFO's leadership and capability
  • Offering professional consultancy for the membership through Committees of experts
  • Launching the research on Management Accounting
• Advocacy
  • Making proposals to legislative and administrative bodies to build CFO profession
  • Making proposals to legislative and administrative bodies as of the system construction of Management Accounting profession
• Training
  • Delivering domestic as well as overseas training programs for members
  • Updating members with the development of global economy as well as financial profession
• Accreditation
  • Pushing ahead with the accreditation of financial profession
  • Enhancing supervision and management of the accreditation projects
• International Exchange
  • Promotion of congresses in collaboration with IAFEI
  • Co-organizing event with IAFEI member institutes

ACTIVITIES:

• Domestic and International Seminars/Meetings with
  • Non-profit institutes: The Bankers Association, The Securities Association, The Life Insurance Association, Monte Jade Technology Association, Private Equity & Merger/Acquisition Association, Venture Capital Association, Chamber of Commerce & Industry, Council for Industrial & Commercial Developments, Columbia Alumni Association, CFA Association, Emerging Market Association
  • Academia: Universities, Academia Sinica, Industrial Technology Research Institute, SRI International
  • Government Agent & Authorities: Financial Supervisory Commission, Ministry of Finance, Stock Exchanges, US Department of Commerce
  • Professional Service Providers: big 4 accounting firms, law firms, appraisal firms
  • Corporations & Financial Institutions: commercial bank, insurance companies, securities houses, fund managers, ICT companies, Biotech companies
  • Media: Commercial Times, Economics Daily, Business Weekly, Marbo Weekly, Fortune Bi-Monthly

ACTIVITIES:

• One annual General Meeting, and one annual Special Conference "CFO Night"
• Working Committees: they are regularly operating, which deal with various topics such as capital markets, leasing and asset finance, financial accounting, as well as treasury functions in multi-divisional companies. Newly established is the Working Committee on Medium Sized Corporations Financial Matters. Ad hoc working meetings, half day, are held, when needed, on current special subjects and issues.
• Management training: GEFIU organizes every year a three day seminar for future top managers in the finance area of industrial companies.
• Advocacy:GEFIU publishes, from time to time, technical commentaries to current regulatory activities of  government authorities and  of  regulatory bodies.

ACTIVITIES:

• Regular Meetings and Conferences
  • Organizes regular CFO Meetings for networking and information exchange
  • Organizes and operates the CFO Forum Japan, which is attended by nearly 500 financial executives.
  • Holds regular CFO Roundtable to provide opportunity for attendees to network with peer CFOs
  • Organizes several technical workshops.
  • Conducts CFO Seminars twice a month to provide members with the most up-to-date trends that finance and accounting professionals should follow
• Accreditation Programs
  • Conducts certification and accreditation examination programs for the development of CFOs JACFO was commissioned by METI with the development of CBT-based examination for finance and accounting skills based on the FASS. The examination was designed to measure the accuracy of knowledge on typical finance, accounting and tax related tasks in the form of a statistically equated, scaled score. It is increasingly recognized as one of the most reliable tools to assess financial capability of employees and outsourced staff including those in shared services.
• Research
  • Conducts investigation and research on various topics on financial management, as well as analyses and surveys on corporate management and finance strategies
• Promotion of congresses in collaboration with IAFEI

ADVOCACIES OF FINEX

• Professional Excellence : Continuing education to gain greater knowledge and enhance previous knowledge, to understand better the multitude of financial concepts learned and to seek more effective ways to use the know-how in one’s own work. Through meetings, forums, symposiums, dialogues, workshops, seminars and conferences, the FINEX member not only acquires ideas but is able to test his or her thinking against those of others.
• Social Involvement: This has taken many forms, e.g. community outreach programs, direct material assistance, livelihood projects, skills enhancement seminars, cooperatives organization and development.
• National Issues: In matters of national concern, especially on financial issues with great national impact, FINEX has taken an active role while being apolitical. Regularly through the National Affairs committee and the Tax and Legal committee and through other committees, FINEX has participated in enriching public debate with analyses and logic, through formal studies, published opinions, position papers and memorandums to legislators. FINEX has likewise been involved in capital market development through the Capital Market Development Council which it co-chairs with the Department of Finance. This Council has institutionalized the cooperation of private sector and government in discussing and supporting public policies that promote the raising of capital in financial markets, so important to encouraging much-needed investments in the economy.
• Initiative and Leadership: FINEX takes the initiative to assist in the spirit of public service if there is an opportunity to do something good that requires the particular knowledge, skills and experience of the financial executive.
• Good Governance, Public Sector Accountability and Business Ethics: FINEX has created a Good Governance Committee to advocate for good corporate governance and public sector accountability. Its Ethics Committee is involved in promoting ethical behavior and values formation amongst FINEX members and has reached out to students of various universities via forums and case studies.

• Standing Committees ( Professional Development, Membership, Elections and Ethics)
• Special committees ( Affiliates, Audit, Capital Markets Development, CFO of the Year Awards, Finance, Financial Inclusion, Finex Week, Good Governance, International Relations, ICT, Junior Finex, Programs and Meetings, National Affairs, Media Affairs, Ways and Means, Sports and Wellness and Tax and Legal).
• Committees under the FINEX Foundation (Arts, Business Education, Citi Junior Bankers, Environment, Finance and Social Involvement)

FINEX CORE VALUES

• Transparency and Accountability
• Integrity and Truth
• Professional Excellence
• Proud to be a Filipino
• Social Responsiveness

FINEX MISSION STATEMENT

To promote the progressive and innovative application of financial knowledge and skills in beneficial service to society, always observing the highest standards of competence and ethical behavior.

FINEX VISION STATEMENT

To be the leading national organization of finance professionals and practitioners dedicated to the advancement of financial knowledge and expertise.

2023 THEME: "Navigating Global Uncertainties Toward Sustainable Growth"

ACTIVITIES:

SAIBA is a recognized controlling body and registered professional body for business accountants, tax practitioners and finance executives.

SAIBA was established in 1987 as a Non Profit Company under the South African Companies Act, 71 of 2008.

We have the legal authority to verify and monitor the delivery of quality professional services by business accountants. We are authorised to issue designations as registered with the South African Qualifications Authority (SAQA) in terms of the National Qualifications Framework Act, Act 67 of 2008 and the SAQA Policy and Criteria for Recognising a Professional Body.


• We support our designated members with career guidance, mentoring, coaching, practice management support, CPD, webinars, conferences, and technical resources: www.cfotalks.com,
1. www.accountingweekly.com,
2. www.saiba.academy,
3. www.saiba.org.za


• We issue four designations relevant to a variety of job functions within the finance department, as follows:
1. Junior accountant / BA(SA): Business Accountant (SA) based on a NQF6 qualification,
2. Accountants in Practice / BAP(SA): Business Accountant in Practice (SA) based on a NQF7 qualification.
3. Financial manager / CBA(SA): Certified Business Accountant (SA) based on a NQF8 qualification.
4. Financial Director / CFO(SA): Certified Financial Officer (SA) based on a NQF9 qualification.


• Designations are issued based on:
1. Qualifications: Relevant, and CHE accredited university qualifications,
2. Experience: Appropriate years of verified work-place experience,
3. Assessments: Assessments that align the acquired academic, technical, and pervasive skills to competency frameworks relevant to each level of designation.


• Designations are maintained by:
1. CPD: Continuous Professional Development (CPD) is mandatory for all levels of designations.
2. Annual assessments: Relevant levels of designations are subject to annual ethics assessments, annual practice license assessments, financial controller assessment, CFO assessment.


• Designations are monitored:
1. Conduct and disciplinary: All levels of designations are subject to the IFAC Code of Ethics and as relevant the IAASB Engagements standards.
2. Disciplinary procedures: All designations holders are subject to an independent disciplinary process in response to complaints, and subject to random practice visits.


• Designations can specialize
1. Members that specialize are required to do a SAIBA license prior to offer specialist professional engagements.


Our BAP(SA) designated members are recognised in statute as accounting officers, independent reviewers, and independent accounting professionals. Section 60(4) of the Close Corporations Act, 1984 (accounting officers), Regulation 29(4) of the Companies Act, 2008 (independent review), List of Accredited Professional Bodies whose members are eligible to be licensed as business rescue practitioners, and Tax Practitioners as referred to in Section 240A of the Tax Administration Act.

ACTIVITIES:

• Publish and distribute weekly update of the government’s new policies to members and monthly CFO Vietnam newsletter.
• Monthly meetings for the experiences sharing among members and online discussions on hot issues/topics in finance, economy, accounting and taxes through the “CFO forum” on VCFO website.
• Monthly “Coffee Talk” for Enterprise Management Experiences sharing among VCFO Members and Corporate Leaders.
• Collaboration with trusty partners (ACCA, CPA Australia, CMO, TPEC, VCCI, YBA, IBM, Microsoft, CGMA…) to organize seminars on corporate financial governance.
• Cooperate with Japan Association for CFOs (JACFO) and ACCA Vietnam in organizing the yearly event Vietnam CFO Forum.
• Implement GLOBAL FASS project in Vietnam.