Professional Standards Department (PSD)

The Professional Standards Department (PSD) at CPA Afghanistan is collaborating with International Standards Licensors to fulfil the criteria established by standard setters.

The adoption of international standards and related activities is managed by PSD in cooperation with PAOs, based on their partnership terms. The PAOs has provided extensive assistance to PSD in developing a long-term strategy for adopting and implementing professional standards.

The adoption of international standards is mandated by the International Federation of Accountants (IFAC) and the Confederation of Asian and Pacific Accountants (CAPA). One of CPA Afghanistan's key objectives is to achieve international recognition and membership with IFAC and CAPA, which requires the adoption and implementation of international accounting and auditing standards.

The professional standards required in Afghanistan include the international standards issued by the standard-setting boards supported by IFAC, as well as those issued by the International Accounting Standards Board (IASB) and the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).