Around 1994, the HKICPA slowly adopted their auditing and accounting standards from the IFAC and its associated standard setting bodies.
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In 2005, the HKICPA adopted almost all the most current accounting and auditing standards from the IFAC and its associated standard setting bodies with the additions of a few local written interpretations of these principal based accounting and auditing standards.
CICPA became a member of the Confederation of Asian and Pacific Accountants (CAPA) and the International Federation of Accountants (IFAC) in October 1996 and May 1997 respectively, and has developed friendly cooperation and communications with more than 50 professional accountancy organizations in other jurisdictions.
Chairman of the IFAC CC 4 on Mechatronics, Robotics and Components and member of the IFAC Technical Board
IFACnet, the KnowledgeNet for Professional Accountants, is the global, multilingual search engine developed by the International Federation of Accountants (IFAC) and its members to provide professional accountants worldwide with one-stop access to good practice guidance, articles, management tools and other resources.
The Institute of Chartered Accountants (Ghana) is a member of two international bodies, the sub-regional ABWA or Association of Accountancy Bodies in West Africa, and the IFAC or International Federation of Accountants, the worldwide organization for the accountancy profession.
The new syllabus has been introduced in January 2012 following the International Education Guidelines (IEG) of IFAC to get the advantages in the process of Mutual Recognition Agreement ( MRA) among /different member countries of the world under GATS in WTO.
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In 2008 he received the Nichols medal, one of the two highest awards of the International Federation of Automatic Control (IFAC) in the field of control.
Generalised Enterprise Reference Architecture and Methodology (GERAM) is developed in the 1990s by an IFAC/IFIP Task Force on Architectures for Enterprise Integration with Peter Bernus, James G. Nell and others.