The International Chief Financial Officers Association (ICFOA)

2023-04-27

established an Asia Pacific committee in Hong Kong in 2018, and an international committee in the United States in 2022 with the approval of the United States government. The official language is English.

About us

ICFOA began to express its views on financial management and accounting principles through the Committee. At first, due to the financial theory and practice of different countries and regions, there are different views among the members of the association on this issue. ICFOA develops financial management methods and tax management schemes applicable to different countries and regions based on accounting standards of different regions and combined with economic development forms of different regions. Coordinate communication of financial management and tax differences between countries based on compliance with national and regional accounting standards. ICFOA has made many contributions to international accounting coordination through its advisory board.

Face the future

In 2020, ICFOA came up with a new strategic plan. The strategic Plan provides for the appointment of the Executive Director and the Secretary-General, the frequency and content of international and regional meetings of the Chief Financial Officers, and changes in procedures for these matters. In December 2018, at the CFO Conference in Hong Kong, China. Roger Wong presented the draft mandate for ICFOA to the Council. The Council subsequently adopted the draft. In May 2019, the Ethics Committee put forward the first official document on the ethical construction of financial directors. In October 2019, ICFOAI's Technical Committee released its first technical report after studying the complex new things emerging in this new environment. On the basis of this report, the Technical Committee continued its discussions in the following days and issued a number of important technical reports.

Group member

Finance directors from all over the world can apply to join ICFOA. To apply for ICFOA membership, the Chief Financial officer or controller of the leading business has a common interest in financial management, financial accounting reporting, and how to maintain a healthy business model in the face of changing economic conditions. ② A person in charge of financial policy of a company of a certain size. ③ Members who have passed the five ICFOA levels.

Enterprise members must have a certain size of enterprise or industry representative.

A country or territory has only one contact unit, and a body corporate may also be the contact unit of ICFOA. If the application is accepted and approved by the Council, the contact unit is eligible to participate in events organized by ICFOA.

Source of property

The assets of ICFOA consist of: receiving donations, assistance or loans from third parties; Any asset or object acquired by legal means.

Member service

1. Members of ICFOA have regular access to information such as the annual report of the Association, reports on recent affairs of the Association, the latest appointments of the Association, articles on hot financial issues written by experts of the Association, and minutes of important meetings of the Association. In addition, members have access to a variety of research reports from other CFO associations around the world.

2. ICFOA provides enterprises and individuals with more opportunities to publish their views on financial issues internationally and to interact with various international organizations.

3. Promote the development of the Association through active participation in its activities.