The International Association of Financial Executives Institutes - IAFEI - is a private non-profit and non-political association. The Association is organized under the provisions of Articles 60-79 of the Swiss Civil Code and, accordingly, has its own legal personality. Founded in 1969, IAFEI now has 18 Member Institutes, with a total membership of over 12.000 financial executives.
IAFEI, as a powerful force in the financial community, is recognized and respected in accounting, financial and governmental circles around the world. Its aims are:
- To build and improve mutual understanding internationally among financial executives through the exchange of financial information, experience and ideas:
- To provide a basis for international cooperation among financial executives towards making financial systems and regulations more uniform, compatible and harmonious worldwide;
- To promote ethical considerations in the practice of financial management throughout the world.
The Association is domiciled in Switzerland and its Secretariat is in the Philippines