AFA picks new president, sets oathtaking today

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Thursday, January 23, 2014

PHILIPPINES took its turn in the administration of the Association of Southeast Asian Nations (Asean) Federation of Accountants (AFA) with the election of dean Estelita C. Aguirre as its 19th president and the first woman to take post, taking over Kuy Lim of
Kamputchea Institute of CPAs and Accountants (KICPAA) of Cambodia.

Aguirre was formerly the dean of Far Eastern University Institute of Accounts, Business and Finance (FEU-IABF).

Before that, she was deputy commissioner of the Bureau of Internal Revenue for 10 years and a member of the Professional Regulatory Board of Accountancy.


During her two-year stint as executive director of the Philippine Institute of Certified Public Accountants (Picpa), the Professional Regulation Commission awarded Picpa as the most outstanding professional organization for two successive years, 2012 and 2013.

The new AFA president has had the rare opportunity of serving the public in the four sectors of the accountancy profession: government sector as a top government official of the Philippine tax office; education sector as a school dean; commerce and industry as an entrepreneur who founded the Pulilan Butterfly Haven Inc.; and public practice sector as a tax consultant.

Presently, she is the president of Asian Institute of Taxation, a continuing professional education provider, focusing on training CPAs in commerce and industry, public practice and education, specializing in the reconciliation of the various provisions of the Philippines’ National Internal Revenue Code (NIRC) with that of the International Financial Reporting Standards (IFRS).

Aguirre’s induction is set today, Jan. 24, at the Radisson Blu Hotel in Cebu City, with Gov. Hilario Davide III as keynote speaker and inducting officer.

The ceremony will be preceded by an AFA-Picpa international conference at Marriott Hotel with the theme, “2015 Asean Integration: Rising to the Challenge.”

All CPAs are invited to attend.

For reservations, one may call Picpa Cebu at 253-2871, 255-0163, 254-3040 or Picpa national at 0917-5805871.

Published in the Sun.Star Cebu newspaper on January 24, 2014.


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