The Institute of Management Accountants (IMA) has renewed its associate membership of the ASEAN Federation of Accountants (AFA).
The AFA brings together national accounting bodies from ten South East Asian countries, promoting regional collaboration to support the region’s economic, social and cultural progress.
As an associate member, the IMA is positioned to further influence the development of the accounting sector both regionally and globally.
AFA president Doan Xuan Tien said: “IMA brings impactful contributions to the region, through active collaboration as an AFA member, with its growth mindset, new offerings to its members and organisations in our member countries, and the development of accounting talent throughout South East Asia.
“We look forward to continuing our work together and to have Joscel as the IMA delegate.”
IMA Philippines Chapter and Apeiron chairman Joscel Delos Cielos will represent the IMA in the AFA and contribute to the AFA Working Committee 2 on Thought Leadership.
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By GlobalDataSince its initial membership in 2019, the IMA has actively engaged with other AFA accounting association members on various research initiatives pertinent to South East Asia.
Under the guidance of Delos Cielos, the IMA will enhance its support for the AFA by producing research, organising events and publishing reports to promote management accounting in the region.
IMA president and CEO Mike DePrisco said: “Our work with AFA has enhanced the IMA member experience in South East Asia with collaborations, thought leadership and networking opportunities.
“I would like to thank Joscel for taking on the important role of being a delegate for our organisation and seeing what new opportunities we can continue to uncover.”
A recent survey by the Association of Chartered Certified Accountants and the IMA highlighted a decline in global accountants’ confidence at the start of 2025, marking the lowest point since the second quarter of 2020 (Q2 2020).
The decrease in confidence at the beginning of 2025 was less than the sharp fall seen in the last quarter of 2024, according to the findings from the Q1 2025 Global Economic Conditions Survey.
