21 November 2014
The International Federation of Accountants (IFAC) and the donor signatories of MOSAIC (Memorandum of Understanding to Strengthen Accountancy and Improve Collaboration) recently launched the MOSAIC website at the World Congress of Accountants in Rome, Italy. The new site, www.MOSAICdevelopment.org , underpins the collaborative nature of MOSAIC, which aims to strengthen the accountancy profession globally by enabling international donors and professional accountancy organisations (PAOs) to better support development of the capacity of the accountancy profession in emerging and developing economies.
The site collates resources from diverse sources into one site, enabling users to access regulations governing accountancy in specific nations, guidance on best practices in growth of the profession in emerging economies, and the overall status of broader development issues in varying nations and regions, among other resources. The site features interactive maps that provide the status of the accountancy profession in specific nations, the development need, and national and regional PAOs and contact details. In addition to national and regional resources, the website also highlights five key topic areas for important resources and news - Education and Certification, International Standards, Legislation and Regulation, PAO Capacity Building, and Public Sector Financial Management, all critical areas for the profession.
CAPA encourages stakeholders to visit the MOSAIC website to understand more about the development needs of the accountancy profession in the region. For more information about the launch of the new website and MOSAIC, visit the IFAC website at: http://www.ifac.org/news-events/2014-11/ifac-international-donor-initiative-mosaic-launch-new-website-support-global