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Mission, Vision and values

Our Vision:

To be a model organization ensuring quality in auditing, accounting and financial and non-financial reporting.

Our Mission:

To bring corporate confidence in auditing, financial and non-financial reporting among users of financial statements.

Our Objects as per Financial Reporting Act 2015:

* To promote the provision of high quality reporting of financial and non-financial information by public interest entities;

* To promote the highest standards among licensed auditors;

* To enhance the credibility of financial reporting; and

* To improve the quality of accountancy and audit services

Our Customers are:

* Public Interest Entities

* Listed Companies

* State Owned Enterprises

* Regulatory Bodies

* Auditors

* Professional Accountants

* Government

* General Public

Our Functions:

* Setting Standards for Financial Reporting, Auditing, Valuation and Actuarial Services

* Licensing of Auditors

* Approving Audit Firms

* Audit Practice Review

* Financial / Non-Financial Reporting Review

What we will do?

* Ensure adherence to International Financial Reporting Standards (IFRS) and International Standards of Auditing (ISA);

* Ensure compliance with code of corporate governance

* Provision of training/ seminars to facilitate implementation of accounting standards

* Encourage feedback from all stakeholders to improve quality audit and financial and non-financial reporting