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What is AFIAAR ?

The African Forum of Independent Accounting and Auditing Regulators (AFIAAR) is a Pan-African platform that unites independent accounting and auditing regulators across the continent. Backed by national legislation, AFIAAR supports the effective enforcement of high-quality financial reporting standards, ethical business conduct, and robust audit oversight to protect the public interest and investor confidence.

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AFIAAR fosters regional collaboration, capacity development, and knowledge sharing among its members, while amplifying Africa’s voice in international standard-setting processes.

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AFIAAR’s main objective is to formalise efforts for the collaboration and strengthening of independent accounting and audit regulation across the continent. This has been done by formalising a common base and creating one voice from which to advance accounting and auditing regulatory activities with regards to building capacity; increasing financial reporting and audit quality; as well as influencing and adopting international standards.
African countries are at various stages of adoption and implementation of international accounting and auditing standards, and there is clearly a significant unmet need for an enduring, centralized, competent, and adequately funded source of technical advice and assistance, available to all African countries seeking to implement independent accounting and audit oversight.
Harmonising regulatory approaches Sharing expertise and experience Contributing to policy making via regular dialogue with international standard setters

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