African Accounting Council (AAC)
HISTORY AND PRESENT STATUS
The AAC was established in 1979 and is a Specialised
Agency of the Organization of African Unity (OAU).
It provides assistance to institutions in member
countries on standardisation of accounting and promotes
education, further training and research in accountancy
and related areas of study. The AAC has its headquarters
in Kinshasa, Democratic Republic of the Congo.
RELEVANT TREATIES/PROTOCOLS ETC
The OAU Charter was adopted on 23 May 1963. South
Africa was admitted to the OAU on 23 May 1994 and
the OAU Charter became binding on South Africa on
that same date.
In principle, all member states of the OAU are
members of the AAC. The activities of the AAC are
currently being hampered by the ongoing