The Maldivian Government is keen to set up an accountancy institute to ensure accountants in Maldives comply with international standards. Maldivian President Abdulla Yameen Abdul Gayoom, during a meeting, said they would welcome the establishment of such an institute. He was speaking during a meeting with South Asian Federation of Accountants (SAFA)President Subodh Kumar Agarwal [...]

The Sundaytimes Sri Lanka

SAFA President and VP meet Maldivian President

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The Maldivian Government is keen to set up an accountancy institute to ensure accountants in Maldives comply with international standards.

Maldivian President Abdulla Yameen Abdul Gayoom, during a meeting, said they would welcome the establishment of such an institute.

SAFA President Subodh Kumar Agarwal and Vice President Arjuna Herath together with the Maldivian President Abdulla Yameen Abdul Gayoom. Auditor General of Maldives Niyaz Ibrahim is also in the photograph.

He was speaking during a meeting with South Asian Federation of Accountants

(SAFA)President Subodh Kumar Agarwal and SAFAVice President Arjuna Herath, who is also the President of the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), at the President’s Office in Male recently.

Matters pertaining to the development of the accountancy profession in Maldives and in the region were discussed at length. The Auditor General of Maldives Niyaz Ibrahim was also present at the meeting among several ministers, according to a media release issued by CA Sri Lanka.

SAFA is an apex body of SAARC and is the regional organisation consisting of the nine professional accountancy organisations from India, Pakistan, Bangladesh, Sri Lanka and Nepal.

During the meeting, SAFA officials assured the Maldivian President, it’s willingness to work closely with the Maldivian Auditor General’s Office and other relevant Government authorities to build the accountancy profession in Maldives.

President Yameen is reported to have expressed his gratitude to SAFA for their continued assistance to the accountancy profession in the Maldives, and assured SAFA of his Government’s commitment to work alongside local and international partners to foster the development of local accountants.

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