OUR PRIORITIES AND STRATEGIES
The Medium Term Strategic Plan includes core professional standards that form the platform for ISIA’s focus on sustainability, relevance, professionalism and member value.
Core Professional and Standards Requirement
ISIA’s goal in both medium and long term is to achieve its vision to be a professional accountancy organisation, grow it’s membership and deliver member value through specific strategies based on sustainability, relevance, professionalism, and member value.
ISIA Core Priorities and Objectives
In 2015 ISIA updated its key priorities and strategy to achieve it Vision. These are based on the four main criteria using the Maturity Wheel developed by CAPA.
Key priority areas include:
To ensure ISIA has appropriate legal, governance, infrastructure and management structures in place. This includes creating a funding model that ensure financial independence and sustainability.
To ensure ISIA continues to provide services to benefit all members on an on-going basis. This includes promoting and supporting programs and initiatives that promote gender balance and inclusion, and effective participation in communities and country.
To ensure ISIA effectively and professionally played its role in relation to development of members, standards and the profession in the country.
4: Member Value
To provide an avenue and platform for ISIA to continue to support professional development of it’s members and the need to promote member’s relationship and contribution to the profession and country.
The Accountants Act 2010 governed the establishment of the Institute of Solomon Islands Accountants and has given clear mandates for the implementation and regulation of the profession to grow, develop, and improve the profession in Solomon Islands.
ISIA more recently in 2019 has approved its longer term goal to achieve IFAC accreditation by 2025.