ASEAN PREPARES TO BOOST ACCOUNTANT MOBILITY
August 1st, 2014
With less than one-and-a-half years until the Association of Southeast Asian Nations (ASEAN) creates its own European Union (EU)-style single market, the bloc is about to sign off on a ‘mutual recognition arrangement’ (MRA) on accountancy services. This is designed to help the mobility of accounting professionals wanting to work across the 10 member states, and all their governments bar the Philippines (expected to sign in October) have now signed up. The agreement also aims to bring accounting practices to the same level of quality across the ASEAN zone. ...
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