Introduction

IFAC members are professional accountancy organizations recognized by law or general consensus within their countries as substantial national organizations. National organizations may apply to become an IFAC associate where the organization is working toward membership. Currently, IFAC is comprised of 140 members and 19 associates.

Member Body Compliance Program

Members and associates are required to participate in the Member Body Compliance Program to demonstrate that they are maintaining their good standing and addressing the requirements of IFAC membership. The program's activities include the submission of self-assessment information and, where necessary, the development of action plans that enable them to better meet IFAC's membership requirements.

Membership Criteria and Process

Membership in IFAC is open to professional accountancy organizations that meet the criteria set out in the IFAC Bylaws. Members are required to support IFAC's mission and programs, demonstrate compliance with the obligations set out in the IFAC Statements of Membership Obligations, and make financial contributions as required by the Constitution.

For an application to be considered by the IFAC Council during a particular year, applicants should provide the required information, obtain support from an existing IFAC member, and submit all required information by May 31. Associate applicants are required to follow the same process.

Click here for information on the application process including the required application fee.

Regional Accountancy Organizations

IFAC also works with regional accountancy organizations to support the development of the profession at the regional level and to support IFAC members operating within the region. Regional accountancy organizations are independent bodies which, in many cases, share IFAC's membership and have objectives similar to those of IFAC.