The Association of Filipino-American Accountants (AFAA) was incorporated on November 10, 1987 in the State of New York, United States.
Membership is open to: (a) any Filipino-American Certified Public Accountant (CPA) who hold a valid certificate granted by the Board of Accountancy of the Republic of the Philippines and/or the United States; and (b) any Filipino-American accountant in good standing who agrees to bind him/herself under the organization's by-laws may, upon application approved by the board of directors, payment of the required fees, and taking the membership pledge, be admitted as a member.
Since its organization, active members are mostly Filipino-American accountants who are either working or living in the states of New York and New Jersey.
In 2006, the AFAA - New Jersey was created.
Objective and purposes
To develop a strong and united group of Filipino-American accountants
To provide technical assistance to practicing Filipino-American accountants in the areas of business development and marketing
To establish a forum where the Filipino-American accountants as a group can discuss and issue position papers on professional and economic issues of interest to the Filipino-American accountants
To give recognition to individual members who have excelled in the profession in the areas of education, public accounting, private accounting, government accounting, and in community services.
To establish scholarship funds to be awarded annually to deserving students of Filipino-American parentage who are graduating from high school and pusuing a career in accounting.