To provide an organisation for ASEAN Accountants for the further advancement of the status of the profession in the region with the view to establishing an ASEAN philosophy on the accounting profession.
The ASEAN Federation of Accountants (AFA) was established in March, 1977, to serve as the umbrella organisation for the national association of the Association of South East Asian Nation (ASEAN). AFA originally had only five founding member-bodies. These were the national accountancy bodies of Indonesia, Malaysia, Philippines, Singapore and Thailand. Currently, AFA membership comprised of all ten ASEAN member countries.