Ordre des Experts Comptables et Financiers de Madagascar

OECFM is a mandatory membership organization, which was established in 1962 in accordance with Ordinance No. 62-104 of October 1, 1962. It offers the title of “Expert comptable et financier” (Chartered Accountant). OECFM’s mandate and responsibilities, which are outlined in Ordinance No. 92-047 of November 5, 1992 related to the Organization of the Profession of Chartered Accountant (and all subsequent amendments), are: (i) to ensure members’ compliance with ethical standards, rules of professional conduct, and standards; (ii) to organize and monitor professional education and training; (iii) to monitor the performance of its members through a quality assurance review system; (iv) to implement and to manage an investigation and disciplinary system to address members’ breaches of professional conduct; (v) set ethics and audit standards; (vi) maintain a registry of Charted Accountants; and (vii) represent and defend the interest of the profession, nationally and internationally. In addition, OECFM is an adviser to the accounting standard-setting body, Conseil Supérieur de la Comptabilitié (CSC). In addition to being an IFAC Member, OECFM is also a member of the Fédération Internationale Des Experts-Comptables Francophones (FIDEF) and the Pan African Federation of Accountants (PAFA).