SFAI has committed to practice with a consistent application of high-quality audit practices worldwide, and to meet the Forum’s membership obligations as detailed in the FOF Constitution.
Membership in SFAI Global
Membership in SFAI Global
SFAI is the world’s seventeenth largest multinational professional services organization offering diverse range of services to its client on the areas of audit, tax, accounting and business advisory.
SFAI is a member of the IFAC Forum of Firms, as well as SFAI participates in the United Nations Global Compact.
SFAI global network has 225 offices with 66 countries presence and has total staffs of 10,000 including 1,260 partners worldwide.
SFAI has committed to practice with a consistent application of high-quality audit practices worldwide, and to meet the Forum’s membership obligations as detailed in the FOF Constitution.
The Forum’s membership obligations require to the 27 firms presently within that Forum:
Maintain quality control standards in accordance with the International Standard on Quality Control (ISQC 1) issued by the IAASB, in addition to relevant national quality control standards;
Conduct, to the extent not prohibited by national regulation, regular globally coordinated internal quality assurance reviews; Have policies and methodologies for the conduct of transnational audits that are based, to the extent practicable, on the International Standards on Auditing (ISAs) issued by the IAASB;
Have policies and methodologies that conform to the IESBA Code of Ethics for Professional Accountants and national codes of ethics; and Agree to submit to the Secretary of the Forum an annual report, in an approved format, indicating that it meets the membership obligations set forth above.