IMA Appointed Associate Member of the ASEAN Federation of Accountants

SINGAPORE, Dec. 11, 2019 /PRNewswire/ -- IMA^® (Institute of Management Accountants) one of the largest and most respected associations focused exclusively on the advancement of the management accounting profession, was admitted as an associate member of the ASEAN Federation of Accountants (AFA). IMA's application was approved at the 129th AFA Council Meeting in Singapore on November 25.

AFA consists of representatives from national accountancy organizations in Southeast Asia including Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam. The purpose of the organization is to serve as a comprehensive organization of its member states and accelerate the economic growth, social progress, and cultural development in the region through cooperation of each national organization.

"IMA can contribute positively to our aims and purpose for the members in the management accounting organizations throughout the region," said Kon Yin Tong, President of AFA. "We welcome IMA to AFA and are excited to work together and see how IMA's membership and good work will lead us forward as a federation."

As a new associate member, IMA will contribute to AFA's aspiration as the umbrella body of the professional accountancy organizations in Southeast Asia, and work to develop the accounting profession in the region while advancing its global development as well.

"AFA is the premier professional accounting organization in the region. Membership in AFA will provide opportunities for our members throughout Southeast Asia to network, share best practices, and collaborate in advancing the profession," said Josh Heniro, Ph.D., Senior Director, Southeast Asia and Australasia at IMA.

For more information about AFA, please write to afasecretariat@iaiglobal.or.id. For more information about IMA's work in Southeast Asia, visit here.

About IMA^® (Institute of Management Accountants)

IMA^®, named the 2017 and 2018 Professional Body of the Year by The Accountant/International Accounting Bulletin, is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession through research, the U.S. CMA^® (Certified Management Accountant) and CSCA^® (Certified in Strategy and Competitive Analysis) programs, continuing education, networking, and advocacy of the highest ethical business practices. IMA has a global network of more than 125,000 members in 150 countries and 300 professional and student chapters. Headquartered in Montvale, N.J., USA, IMA provides localized services through its four global regions: The Americas, Asia/Pacific, Europe, and Middle East/India. For more information about IMA, please visit www.imanet.org.

About ASEAN Federation of Accountants (AFA)

AFA was organized in March 1977 to serve as the umbrella organization for the recognized national Professional Accountancy Organizations (PAOs) of the Association of Southeast Asian Nations (ASEAN) Member States. Through its Primary Members, AFA has a regional network of more than 200,000 accountants in the ten ASEAN countries, supported by a global network of Associate Members with more than 2.5 million members worldwide. AFA is an accredited Civil Society Organization of the ASEAN recognized under the ASEAN Charter and an IFAC Network Partner.

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