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Pacific Islands Institutes Of Accountants Sign MOU

Pacific Islands Institutes Of Accountants Sign MOU
From left: Papua New Guinea Institute of Accountants representative Richard Kuna,Solomon Islands Institute of Accountants representative Smiley Giobaute, Samoan Institute of Accountants president Susana Laulu,newly elected FIA president Zarin Khan. Standing from back -PNG Institute of Accountants representative Talie Andrew Irabu, FIA delegate Murray McKenzie, FIA outgoing president Finau Nagera and FIA vice-president Rajeshwar Singh after the signing of a Memorandum of Understanding at the Shangri-La’s Fijian Resort and Spa on Yanuca Island on May 19, 2018. It came at the Fiji Institute of Accountants 2018 Congress jointly sponsored by Vodafone Fiji and Westpac Banking Corporation. Photo: Lorraine Seeto.
May 20
10:00 2018


A Memorandum of Understanding was yesterday signed between the Fiji Institute of Accountants and their counterparts from Papua New Guinea, Solomon Islands and Samoa.

The signing followed the conclusion of the two day Westpac and Vodafone sponsored 46th Fiji Institute of Accountants Congress at the Shangri-La’s Fijian Resort and Spa on Yanuca Island.

The MOU will serve as a means for collaboration between each country’s accountants’ bodies by means of assistance and support for each other.

The PNG, Solomon and Samoan accountants’ representatives were part of day two of the congress.

The president of the Samoan Institute of Accountants, Susana Laulu, speaking on behalf of the visiting three Pacific Island representatives, said it was a privilege to be present at the congress.

“I know this initiative was in the pipeline for some time and we are all happy that we have come to the table to formalise this Pacific collaboration and MOU.

“It’s not just about us, but about all of us with a lot of communication and we have identified the key objects which will form part of a new beginning for Fiji, PNG, Solomon Islands and Samoa.

“We would be the drivers of promoting the accountancy profession in the Pacific and we look forward to working with everyone to see the key realisation of the objectives as we have agreed to at the beginning of the new journey.”

Solomon Islands Institute of Accountants representative Smiley Giobaute said the MOU meant a lot for their organisation.

“FIA has built a capacity in the Fijian economy which investors can rely on with confidence in the local accountancy.”

He said regulations for the accounting profession had been recently passed by the Solomon Islands parliament.

“But we have nothing in place like a secretariat to sort of put flesh to the bone.

“At this congress we came to see what FIA was doing which we could also learn from to lift our profession.”

Mr Giobaute said it was a learning experience to be at this congress and to see international speakers here gives a lot of diversity to the conference.

“We need to organise one.

“Fiji is the first congress for me to attend and it was good because we face similar challenges and opportunities.”


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