▁Mark ▁Bill ington , ▁the ▁I CA E W ▁South ▁East ▁Asia ▁Regional ▁Director , ▁and ▁U ▁W an ▁T in , ▁the ▁M IC PA ▁Chair man . ▁It ▁provides ▁the ▁foundation ▁for ▁M IC PA ▁and ▁I CA E W ▁to ▁support ▁each ▁other ▁and ▁improve ▁the ▁account ing ▁field ▁in ▁My an mar . ▁ ▁On ▁January ▁ 3 0 , ▁ 2 0 1 4 , ▁M IC PA ▁became ▁an ▁independent , ▁non - pro fit ▁corpor ate ▁entity . ▁ ▁The ▁main ▁goals ▁of ▁M IC PA ▁are ▁: ▁ ▁To ▁raise ▁account ing ▁standards ▁up ▁to ▁international ▁standards ▁ ▁G ain ▁world wide ▁accept ance ▁of ▁Bur m ese ▁account ing ▁standards ▁and ▁account ing ▁profession als ▁ ▁Further ▁improve ▁prof ic iency ▁and ▁skills ▁of ▁M IC PA ▁members ▁ ▁Reg ulate ▁members ▁to ▁ensure ▁that ▁the ▁professional ▁code ▁and ▁eth ics ▁is ▁being ▁followed ▁accordingly . ▁ ▁On ▁June ▁ 1 6 , ▁ 2 0 1 7 , ▁the ▁World ▁Bank ▁issued ▁the ▁" Report ▁on ▁The ▁Observ ance ▁of ▁Stand ards ▁and ▁C odes - Account ing ▁and ▁Aud iting " ▁with ▁several ▁recommend ations , ▁including ▁the ▁grant ing ▁of ▁the ▁My an mar ▁Institute ▁of ▁Cert ified ▁Public ▁Account ants ▁independence ▁from ▁the ▁My an mar ▁Account ancy ▁Council ▁( MA C ), ▁the ▁regul atory ▁lic ens ing ▁body ▁for ▁the ▁country ' s ▁account ancy ▁profession . ▁ ▁M emb ership ▁ ▁Executive ▁Committee ▁M embers ▁ ▁References