DFK Asia Pacific Region Vision Plan 2009-2011 Updated March, 2009 Vision Task Force David Griffiths Uday Chitale Young-il Koh K Ragunathan Ooi Chee Kun Leo Chan Asia Pacific Mission Statement To be recognised by current and potential clients with cross border interests as a leading association of independent firms of accountants and business advisors with a strong presence in the Asia Pacific region. To enable Asia Pacific member firms to service current and potential clients better by demonstrating that we have the resources and quality of services available throughout our region to meet their business advisory, accounting and assurance needs. To provide opportunities for member firms to work together. To improve member firm performance through knowledge sharing Key Goals for the Region Increase the number and location of quality members. Encourage and support national groups. Strengthen relationships between all DFK Member Firms in the Asia Pacific Region Strengthen the DFK Brand in the Asia Pacific Region Key Goals for the Region (cont’d) Develop technical support for member firms in the Asia Pacific region. Maximise attendance at future DFK Asia Pacific Conferences. Ensure that all Asia Pacific members conform with DFK quality standards. Key Goal 1 Increase the number and location of quality members Task Force: Uday Chitale David Griffiths Strategies to achieve Goal: Identify Countries where representation is required – China, Sri Lanka, Bangladesh, Indonesia (Surabaya and Medan). New members in Vietnam, Thailand (Bangkok) and also India have joined DFK recently Communicate with “Contact Partners” in all Asia Pacific firms re potential member firms acting for own clients in target countries. Strategies: (cont’d) Make contact with Consulate offices, Business Chambers of Commerce in target countries to identify potential member firms. Key Goal 2 Encourage and Support National Groups Task Force: Leo Chan (Co-ordinator) K Ragunathan Strategies to achieve Goal: Encourage and support national groups in whatever capacity required by them. In association with the DFK International Task force assist the newly formed Chinese National Group as necessary Key Goal 3 Strengthen relationships between all DFK member firms in the Asia Pacific Region Task Force: David Griffiths (Co-ordinator) Strategies to achieve Goal: Continue developing the special interest groups set up previously, ie international auditing and assurance, technical support and franchising Communicate regularly with special interest group representatives to discuss and action development plans for the group Key Goal 4 Strengthen the DFK brand in the Asia Pacific Region Task Force: Ooi Chee Kun Strategies: (cont’d) Request National groups to invite other Asia Pacific members to their own conferences Encourage member firm partners to visit DFK AP firms when travelling within the Asia Pacific region Vice President Asia Pacific to communicate regularly with AP member firms, quarterly by email, on topical DFK matters Strategies to achieve Goal: Where legally possible, request member firms to add “DFK” to firm name. Maintain contact with DFK International Marketing Committee regarding communicating initiatives for Asia Pacific Region members. Carry out a salary survey amongst member firms for staff groupings, in US Dollars ( similar to the MacDonald's Big Mac concept ), from accounting technicians through to senior managers. Key Goal 5 Develop technical support for Member Firms in the Asia Pacific Region Task Force: Ooi Chee Kun Young-il Ko Strategies to achieve Goal: Circulate member firms re areas of technical support/advice required Task Force to communicate regularly with DFK International audit and assurance committee concerning matters of interest/importance for Asia Pacific member firms Encourage regular technical exchange between member firms in existing/new practise areas Key Goal 6 Maximise Attendance at Future DFK Asia Pacific Conferences Task Force: David Griffiths Leo Chan Strategies to achieve Goal: Attendance at AP Conference at least once every two years is obligatory Ensure high quality programme and presentations Target conference locations to enhance local firms Key Goal 7 Ensure Member Firm Compliance with DFK Quality Standards Task Force: K Ragunathan Strategies to achieve Goal: Presentation at each annual AP Conference of DFK International QA requirements Appoint a “champion” from the region to encourage technical exchanges between all member firms on QA matters
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