The seventh edition of the Accountancy Profession Strategic Forum (APSF) took place on the 11 April 2019 in historic Valletta, co-hosted with the Malta Institute of Accountants.
The meeting drew together core members from the Baltics, Western Balkans & Central, Eastern and Southern Europe, alongside new participants. These included representatives from The Netherlands, Portugal and Spain and observers from Russia, Azerbaijan and South Africa.
Discussion topics revolved around the necessary strategic recalibration which PAOs need to undertake to serve markets and the public interest better in the 2020s. The meeting also considered how PAOs can support their members to advise businesses on access to finance.
Following interventions from Aileen Pierce, Member of the Public Interest Oversight Board and Maltese stakeholders, we heard fresh insights on the different challenges facing the profession across Europe. Solutions were exchanged too – including a presentation by Berry Wammes, CEO of The Netherlands Institute of Chartered Accountants (NBA) on how to take a hybrid approach to foster innovation within PAOs, while making the profession more attractive to young people. The latter issue – and specifically how PAOs can change their qualifications – were recurrent themes.
The agenda can be found here.