APA, the Confederation of Asia & Pacific Accountants, was founded in 1957. Its mission is 'The development and enhancement of the accountancy profession in the Asian and Pacific regions'. An Organization within the global umbrella of the International Federation of Accountants (IFAC), CAPA is the world's largest regional accountancy organization currently, having a membership of 31 national accountancy organizations from 21 countries. They are Australia, Bangladesh, Canada, Fiji, France, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, New Zealand, Pakistan, Papua New Guinea, The Philippines, Singapore, Sri Lanka, Taiwan, Thailand, USA and Western Samoa. These 31 national accountancy organizations have a total membership in excess of 690 000 professionals.
The CAPA conference is held three times in every 10 years. The 14th. CAPA conference or CAPA '96 Malaysia was held in Kuala Lumpur, from October 7 to 9, 1996 with the theme 'The Asian Renaissance: Powerhouse of the New Millennium". The The conference program will consist of a keynote address, 5 plenary sessions and 9 concurrent workshops sessions. Leading personalities in the accountancy profession as well as presidents of various accountancy organizations are expected to attend this conference.
Malaysia, through the Malaysian Institute of Accountants was one of the founder members of CAPA. In recognition of her commitment and significant contributions, the CAPA Secretariat is permanently located in Kuala Lumpur since 1993. In the same year, Malaysia was elected to the executive committee of CAPA and also won the bid to host the 14th CAPA conference.
Through its involvement in CAPA, the Malaysian accountancy profession has been greatly enhanced internationally. Malaysia's world class accounting standards,as acknowledged by its peers in developed nations, have most certainly provided assurance and comfort to global investors and corporations.
Number of Stamps : 2
Date of Issue : 7 October 1996
Design : The Sharper Image Sdn Bhd
Printer : Joh. Enschede, Security Printing Netherlands
Process : Lithography
Size : 37.7mm x 28 mm
Perforation : 13.75 x 14.15
Paper : Phosphor / Unwatermarked, Phosphor Coated.
Denomination : 30¢ & RM 1.00
Sheet Content : 100 Stamps
First Day Cover : 20¢
Presentation Pack : RM 3.00