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Untitled - Confederation of Asian and Pacific Accountants

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F R O M T H E W O R L D O F A C C O U N T A N C Y<br />

CAPA supports the IFACnet<br />

CAPA supports the International Federation <strong>of</strong> <strong>Accountants</strong><br />

(IFAC) in the development <strong>of</strong> IFACnet – A KnowledgeNet for<br />

accountants in business. This new global resource will provide<br />

one-stop access to leading-edge articles, good practice guidance,<br />

<strong>and</strong> tools <strong>and</strong> techniques for accountants employed in commerce,<br />

industry, the public sector, education <strong>and</strong> the not-for-pr<strong>of</strong>it<br />

sector.<br />

IFACnet is developed under the leadership <strong>of</strong> the Pr<strong>of</strong>essional<br />

<strong>Accountants</strong> in Business (PAIB) Committee. “Users <strong>of</strong> IFACnet<br />

will find relevant information on a wide range <strong>of</strong> financial <strong>and</strong><br />

management accounting topics, including strategy, budgeting<br />

<strong>and</strong> planning, corporate governance, risk management, <strong>and</strong><br />

pr<strong>of</strong>essional development emphasis,” points out Bill Connell,<br />

Chair <strong>of</strong> the IFAC PAIB Committee.<br />

Thirteen accountancy organisations together with IFAC currently<br />

participate in the KnowledgeNet by sharing their electronic<br />

resources through IFACnet <strong>and</strong> others will be included over the<br />

next few months. In addition, during the first quarter <strong>of</strong> 2007, the<br />

KnowledgeNet will be exp<strong>and</strong>ed to serve the needs <strong>of</strong> small <strong>and</strong><br />

medium practices <strong>and</strong> by the end <strong>of</strong> 2007 will <strong>of</strong>fer customised<br />

information for broader audiences <strong>of</strong> accountants.<br />

IFACnet uses advanced technology specifically tailored to the<br />

accountancy pr<strong>of</strong>ession. It carefully indexes, filters <strong>and</strong> sifts all<br />

the best <strong>and</strong> most relevant items <strong>of</strong> information available for<br />

accountants in business worldwide so they can be delivered<br />

on dem<strong>and</strong> to IFACnet.com users. The technology supporting<br />

IFACnet has been developed by Indez, a s<strong>of</strong>tware company based<br />

in Glasgow, Scotl<strong>and</strong>. It features an enterprise search engine that<br />

is based on patented search technology.<br />

There is no fee to use IFACnet, although certain search results may<br />

identify documents or publications available for purchase.<br />

CAPA members can access the IFACnet through the CAPA<br />

website on www.capa.com.my<br />

17th CAPA Conference - Osaka, Japan<br />

the “Gr<strong>and</strong> Cube Osaka”.<br />

T h e 1 7 t h C A P A<br />

Conference will be held<br />

on October 3-5, 2007,<br />

hosted by the Japanese<br />

Institute <strong>of</strong> Certified Public<br />

<strong>Accountants</strong> (JICPA).<br />

The venue for CAPA<br />

Osaka 2007 will be Osaka<br />

International Convention<br />

Center or better known as<br />

The chosen main theme <strong>of</strong> CAPA Osaka 2007 conference is “How<br />

Pr<strong>of</strong>essional <strong>Accountants</strong> can develop the <strong>Asian</strong> Economy”.<br />

By providing a measure <strong>of</strong> assurance regarding corporate, financial<br />

<strong>and</strong> environmental information, pr<strong>of</strong>essional accountants<br />

collectively function as a platform for the development <strong>of</strong> national<br />

economies. The current point in time, when the <strong>Asian</strong> economy<br />

has the potential for continuing future expansion, is an ideal<br />

juncture at which to review the impact <strong>of</strong> the work <strong>of</strong> pr<strong>of</strong>essional<br />

accountants on the economies <strong>of</strong> their respective countries, <strong>and</strong><br />

ways in which accountants can contribute to economic growth.<br />

Aki Fujinuma, Chairman <strong>and</strong> President <strong>of</strong> JICPA remarked that,<br />

‘This conference commemorates the 50th anniversary <strong>of</strong> the<br />

first CAPA conference which was held in Manila, Philippines in<br />

1957. Forty years have passed since Japan hosted the 3rd CAPA<br />

Conference in 1962. The number <strong>of</strong> accounting pr<strong>of</strong>essionals in<br />

Japan is growing, <strong>and</strong> our role in the Japanese <strong>and</strong> world economies<br />

is only becoming more important.’<br />

Simultaneous translation (Japanese-English) will be available<br />

at the conference. Simultaneous translation to other languages<br />

could also be arranged if the number <strong>of</strong> delegates requiring that<br />

language is sizeable.<br />

On the evening <strong>of</strong> October 4, 2007, the JICPA will host a formal<br />

dinner entitled “Japan Night” that will be held in Rihga Royal

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