Mohamed Kabelma is the Head of Regulatory and Accounting Standardization within the Regulatory, Research, Regulation and International Cooperation Department of the General Treasury of the Kingdom of Morocco. He has worked in the General Treasury of Morocco on several missions including participation in the task force in charge of the preparation of Chart of Accounts for Moroccan government accounting system. He also works with the local authorities’ accounting system.
As head of the functional team responsible for the preparation of the accounting reform until 2014, he participated in the development of the new accounting system and its implementation. He has also taught several courses in the new accounting system at the training center of the General Treasury of Morocco and participated in the drafting of accounting instructions.
Mr. Kabelma is a member of multiple specialized technical commissions from the National Accounting Council responsible of the preparation of sectoral accounting plans since 2007. He has also represented the General Treasury of Morocco at International Public Sector Accounting Standards Board and International Standards on Accounting and Reporting meetings as well as OECD events.
Mr. Kabelma has a graduate diploma in Economic Sciences.
Smart regulation, heightened transparency and inclusive growth are needed for global economic progress. These three priorities encapsulate the themes in the IFAC Call to Action ahead of the 2018 G20 Summit.
G20 countries play a crucial role in fostering institutions and governance models that can anticipate, respond to, and mitigate future crises.
With low levels of public trust threatening confidence in the institutions that support the global economy, IFAC's ten recommendations focus on rebuilding this trust.
IFAC (the International Federation of Accountants) today calls upon G20 countries to pursue smart regulation, heightened transparency, and inclusive growth to rebuild trust in institutions and advance global economic progress.
“Low levels of public trust threaten both economic and political stability,” said Fayezul Choudhury, IFAC CEO. “Leaders in government and business must work together to bolster good governance and collaborate for effective public policies that inspire confidence in the institutions supporting the global economy.”
G20 countries play a crucial role in fostering institutions and governance models that can anticipate, respond to, and mitigate future crises. In advance of the 2018 G20 Summit in Buenos Aires, Argentina, IFAC issues 10 actionable recommendations for G20 countries to support the global economy.
Develop Smarter Regulation
Regulation must effectively support the public interest through well-targeted conception, effective design and committed implementation. To achieve smarter regulation, G20 countries must:
Develop and adopt consistent, comprehensive, and high-quality regulation
Create a coherent, transparent global regulatory environment that limits divergence; and
Implement internationally-accepted standards to enhance confidence and stability in the global financial system.
Increase Transparency
Robust transparency in the public and private sectors is key to earn public trust, fight corruption, encourage good governance and promote ethical business practices. To increase transparency in the global economy, G20 countries must:
Strengthen governance in the public and private sectors
Embrace integrated reporting
Enhance public sector financial management; and
Collaborate to tackle corruption.
Enable Inclusive Growth
The fruits of a growing global economy must be shared inclusively to inspire confidence in the future. To enable inclusive growth, G20 countries must:
Foster an environment that supports small- and medium-sized entity growth
Create a secure and digital-ready investment environment; and
Collaborate for a coherent international tax system.
About IFAC IFAC is the global organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC is comprised of more than 175 members and associates in more than 130 countries and jurisdictions, representing almost 3 million accountants in public practice, education, government service, industry, and commerce.
IFAC Recommendations to the G20 Focus on Rebuilding Public Trust
IFAC (International Federation of Accountants) seeks volunteers with a strong commitment to the public interest to contribute to the strength and vitality of accountancy globally and its future by serving on the IFAC board and committees.
The Call for Nominations for the IFAC Board and Committees in 2020 details openings and requirements for successful nominations for membership on the IFAC Board and three IFAC committees— Professional Accountancy Organization Development, Professional Accountants in Business, and Small and Medium Practices Committees.
The Nominating Committee encourages all IFAC members to review the Call for Nominations, including vacancy details and composition targets. Gender equality is especially important to the Nominating Committee to ensure balance; nominations of qualified female candidates are strongly encouraged. The companion guide offers strategic guidance in selecting candidates, including identifying the most qualified and diverse nominee for each available position to reflect the depth and breadth of the global accountancy profession.
Nominations can be submitted online via the Nominations Database by February 15, 2019. Additional information on the Nominating Committee and its open, transparent selection process is available on the Nominating Committee web page.
About IFAC IFAC is the global organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC is comprised of more than 175 members and associates in more than 130 countries and jurisdictions, representing almost 3 million accountants in public practice, education, government service, industry, and commerce.
This Call for Nominations for the IFAC Board and Committees in 2020 sets out the upcoming opportunities for membership in 2020 on the IFAC Board and committees:
IFAC publishes Developing a Nominations Strategy to assist nominating organizations and self-nominees through the nominations process for vacancies on the IFAC board and committees and the independent standard-setting boards: the International Auditing and Assurance Standards Board (IAASB), International Ethics Standards Board for Accountants (IESBA), and International Public Sector Accounting Standards Board (IPSASB).
This resource provides an overview of the different types of data analytics and their applications to financial reporting and audit, as well as usage in business, to uncover valuable insights.
Sheila Fraser, O.C., FCPA, FCA, was a member of the IFAC board from November 2018 to May 2021, nominated by CPA Canada.
Ms. Fraser served as Auditor General of Canada from 2001 to 2011, the first female to hold this position. Born in Dundee, Quebec, Ms. Fraser earned a Bachelor of Commerce degree from McGill University in 1972 and became a Chartered Accountant in 1974.
Ms. Fraser enjoyed a fruitful and challenging career with the firm of Ernst & Young, where she became a partner in 1981. In the Quebec City office, she was responsible for a wide range of private and public sector clients. She joined the Office of the Auditor General of Canada as Deputy Auditor General in January 1999.
Ms. Fraser has always been active in her profession, at both the provincial and national levels. For her noteworthy service to the auditing and accounting professions, Ms. Fraser was appointed as an Officer of the Order of Canada in 2018. She was awarded the designation "Fellow" by the Ordre des comptables agréés du Québec in 1994 and by the Institute of Chartered Accountants of Ontario in 2000. She was a 2009 recipient of the ICAO Award of Outstanding Merit, the highest honor that the Institute of Chartered Accountants of Ontario can bestow upon its members. Ms. Fraser has also been awarded honorary degrees from 18 Canadian universities, which recognize her contribution to accounting, legislative auditing and public administration.
Ms. Fraser is currently a member of the Board of the Canadian Public Accountability Board and the Board of Directors of Manulife Financial Corporation. She also previously served on the Board of Directors for IISD Experimental Lakes Area Inc., chaired the Audit and Evaluation Advisory Committee of the United Nations Development Program and served as a Trustee and Vice-chair of the IFRS Foundation, the oversight body of the International Accounting Standards Board
