Published: 22 January 2014 22 January 2014
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The Samoa Institute of Accountants was established in November 1959 under the Incorporated Societies Ordinance 1952 and registered as a statute body under the
Public Accountants Act 1984. The Institute changed its name from the Western Samoa Society of Accountants to the Samoa Institute of Accountants incorporated under the Samoa Institute of Accountants Act 2006.
Since its inception, the accounting profession has developed, grown and became a respected profession in Samoa through its contributions to education, professional enhancement, leadership, mentoring, career development, stakeholder consultations and social development. We pride ourselves in the quality of our membership who are currently holding influential and leadership roles both in government and private sector.
Our service delivery is guided and performed in accordance with International Financial Reporting Standards (IFRS) and International Standards on Auditing and Quality Assurance. We have also approved the adoption of the IFRS for Small Medium Enterprises (SMEs) which came into effect on 1st July 2011.
SIA is a member of the Confederation of Asian Pacific Accountants (CAPA) since 1976. We have a Memorandum of Cooperation with CPA Australia since 2009 with objectives of enhancing capacity building through professional development, knowledge sharing and collaboration on areas of mutual interest and benefit. SIA have also signed a Partnership Agreement with the Ministry for Revenue to strengthen collaboration in enhancing tax processing and administration. The partnership will ensure on going communication and working together to improve compliance, efficiency in service delivery and administration of revenue collection in Samoa