Mission, Vision and Values


Our Vision

To be a model organization ensuring quality in auditing, financial and non-financial reporting.

Our Mission

To bring corporate confidence in auditing, financial and non-financial reporting among users of financial statements.

Our Objects as per Financial Reporting Act 2004

  • To promote the provision of high quality reporting of financial and non-financial information by public interest entities;
  • To promote the highest standards among licensed auditors;
  • To enhance the credibility of financial reporting; and
  • To improve the quality of accountancy and audit services

Our Customers are:

  • Public Interest Entities
  • Listed Companies
  • State Owned Enterprises
  • Regulatory Bodies
  • Auditors
  • Professional Accountants
  • Government
  • General Public

Our Functions

  • Licensing of Auditors
  • Approving Audit Firms
  • Audit Practice Review
  • Financial / Non-Financial Reporting Review

Our Objectives are

  • Ensure adherence to International Financial Reporting Standards (IFRS) and International Standards of Auditing (ISA);
  • Ensure compliance with code of corporate governance
  • Provision of training/ seminars to facilitate implementation of accounting standards
  • Encourage feedback from all stakeholders to improve quality audit and financial and non-financial reporting
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