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The Pan African Federation of Accountants (PAFA) and Victoria Business School (VBS) have signed a MoU to establish mutual collaboration across areas of shared interest

The Pan African Federation of Accountants (PAFA) and Victoria Business School (VBS) have signed a MoU to establish mutual collaboration across areas of shared interest. The MoU will aim to drive cooperation between PAFA and VBS in the following areas:

NEW LEADERSHIP: PAFA CONGRATULATES THE SOUTH AFRICAN INSTITUTE OF CHARTERED ACCOUNTANTS (SAICA)

The PAFA Secretariat wishes to congratulate the South African Institute of Chartered Accountants on the appointment of Mr. Freeman Nomvalo as its new Chief Executive Officer.

NEW LEADERSHIP: PAFA CONGRATULATES THE SOUTH AFRICAN INSTITUTE OF PROFESSIONAL ACCOUNTANTS (SAIPA)

The PAFA Secretariat wishes to congratulate the South African Institute of Professional Accountants on the appointment of Mr. Shahied Daniels as its new Chief Executive Officer.

Onerous Contracts— Cost of Fulfilling a Contract (Proposed amendments to IAS 37)

The International Accounting Standards Board (IASB) has published for public comment proposed amendments to IAS 37 Provisions, Contingent Liabilities and Contingent Assets to specify which costs a company should include when assessing whether a contract will be loss-making.

NEW LEADERSHIP: PAFA CONGRATULATES THE INSTITUTE OF CHARTERED ACCOUNTANTS OF ZIMBABWE (ICAZ)

The PAFA Secretariat wishes to congratulate the Institute of Chartered Accountants Zimbabwe on the appointment of Ms. Gloria Zvaravanhu as its new Chief Executive Officer