CISPA accepted internationally

The Cayman Islands Society of Professional Accountants has been accepted as an Associate Member of the International Federation of Accountants, the worldwide organisation representing the accountancy profession.

Founded in 1977, IFAC is comprised of 158 members and associates in 123 countries and represents over 2.5 million accountants employed in public practice, industry and commerce, government, and academia.

Mike Mannisto, president of CISPA, said that the organisation’s acceptance into IFAC ‘represents a significant milestone in our history in that it is concrete evidence of our determination to ensure that the profession in the Cayman Islands plays a complete role in the international arena’ and credits CISPA Council Member and Past President Mike Pilling for heading up the application efforts. Both Mr. Mannisto and Mr. Pilling recently returned from Mexico City where they attended the annual meeting of the IFAC Council which formally confirmed the acceptance of CISPA as an associate member.

IFAC is based in New York City and identifies its role in the international accounting profession as threefold: 1) to establish and promote adherence to high quality international standards, 2) to facilitate collaboration and cooperation with member bodies, and 3) to serve as spokesperson for the international profession on relevant public policy issues.

For additional information, contact Mike Mannisto at 345-949-8444.