'To promote a standard of excellence in our membership in the provision of accounting, auditing, financial management, taxation and business advisory services'

• Organisation Change:
  
  • To initiate a process of organisational change with priority given to:
    • Becoming a pro-active knowledge-based institution;
    • Adopting a more flexible, innovative and responsive organisation culture;
    • Improving efficiency and service delivery;
    • Monitoring the needs of separate membership groups, and addressing the needs of individual members;
    • Developing strategic alliances with International accounting bodies;
  Project Owner: Council
  
  
• Leadership:
  
  • To provide leadership in the development of:
    • Quality assurance
    • New standards for new services
    • Relationships with other professional and business associations.
  Project Owner: Council
  
  
• Change management:
  
  • To adopt a culture that embraces change and to commit the resources required to manage change at the structural and operational levels.
  
  Project Owner: Council
  
  
• Ethical Standards:
  
  • To foster the highest of ethical standards among members.
  
  Project Owner: Membership Committee
  
  
• Specialisation:
  
  • To promote and support specialisation through members' careers.
  
  Project Owner: Council
  
  
• Ownership:
  
  • To develop guidelines on the ownership of public practice firms, access to capital and distribution of profits that balance contemporary commercial needs and professional standards, and to allow multi-disciplinary practices.
  
  Project Owner: Public Practice Committee (to be formed)
  
  
• Advocacy:
  
  • To demonstrate a leading advocacy role with national and international governments and regulators on all economic and business issues affecting the profession.
  
  Project Owner: Council
  
  
• Globalisation:
  
  • To lead the process of globalisation of business and the profession by:
    • Working with the Accounting Standards Board on the international harmonisation of International accounting standards and International auditing standards
    • Developing associations with professional and associated organisations internationally;
    • Fostering networking of members.
  Project Owners: Standards Committee and Council
  
  
• Education:
  
  • To respond to members' needs for professional education
  • To maintain an educational program which provides members with an up to date coverage of the essential accounting and related disciplines necessary to prepare members for their participation in their respective roles in the accounting, financial, business advisory, taxation and management functions
  • To continue to incorporate core accounting skills
  • To enable members to achieve reciprocal membership with International Accounting bodies and particularly ASCPA
  • To expand and develop the Accounting Technician qualification
  • To support the universities in maintaining and improving their standards.
  Project Owner: Education Committee
  
  
• Continuing Professional Education (CPE):
  
  • In line with leading Accountancy bodies throughout the world the Institute has a commitment to life-long learning. Our objective is therefore:
    • To provide as wider a range as possible of CPE programs to meet the needs of our diverse membership
    • To support C.P.E. offered by kindred organisations within the range of C.P.E. as designated in Rule 10
    • To support appropriate in house C.P.E. relevant to the CPE requirements of CPE under Rule 10.
  Project Owner: Conference/CPE Committee
  
  
• The Accountants Act:
  • To have the Accountants Act re-written and to re-write our Rules to conform with the modern version of the accountancy profession and make it possible for practising firms to include partners from other disciplines such as lawyers, management information systems experts, taxation advisers and human relations personnel.
  • To foster a closer working relationship with the ARB for the benefit of the accountants in Papua New Guinea.
  Project Owner: Constitution Committee
  
  
• Membership:
  
  • To increase the number and quality of our membership.
  
  Project Owner: Membership Committee
  
  
• Public Sector:
  • To pursue a policy of assisting the public sector in accounting and financial matters. To promote the recruitment and involvement of professionally qualified accountants to enhance the credibility and accountability of public sector management.
  • To establish a public sector membership category to promote membership in the public sector for those personnel who are in the accounting function as defined by the Accountants Act.
  Project Owner: Public Sector Committee
  
  
• Finance:
  
  • To maintain a healthy financial state in order to provide all services required by members at cost-benefit level to members.
  
  Project Owner: Finance Committee
  
  
• Tertiary Institutions:
  • To assist tertiary institutions to achieve high standards, which will enable them to tackle our professional examination program with competence.
  • To interest students at National High Schools and Grade 11 and 12 schools in the accountancy profession prior to entry to tertiary institutions.
  Project Owner: Education Committee
  
  
• Electronic Commerce:
  
  • To expand E-Commerce to provide optimum service to members through E-Commerce, Website etc.
  
  Project Owner: Technical Officer
  
  
• Library Service:
  
  • To establish a comprehensive and current library service having regard to the facility of Internet.
  
  Project Owner: Council