APEC Economy: Papua New Guinea

As of December 2011, no response had been received from Papua New Guinea to the APEC Accounting Services Initiative questionnaire. Limited information from publicly available sources is provided below.

Accountancy Services – General background

In Papua New Guinea, provision of accountancy services requires a license from a regulatory body and a professional accounting body

The provision of the following accountancy services requires a license from a regulatory body:

A person applying must furnish to the Accountants Registration Board:

Licensing Requirements

Regulatory Body:
Accountants Registration Board
Address: Sir John Guise Drive
City/Town:        Boroko
Economy:        Papua New Guinea
Phone number: + 675 325 5182

Legislation:    The Accountants Act 1996
PAPUA NEW GUINEA INSTITUTE OF ACCOUNTANTS RULES (Under the Accountants Act) http://www.cpapng.org.pg/files/cpapng-rules.pdf

Licensing of Foreign Nationals

A foreign accountant can obtain a license to provide limited accountancy services in this economy. A non-resident person may apply in writing to the Board for approval to provide accounting, auditing or liquidating services within Papua New Guinea. Non – Citizen candidates may only become members of CPA PNG if they are fully qualified as accountants in their economy of origin and are members in good standing with that body. Attached application lists all recognized bodies by PNG. Refer to: CPAPNG-004-Admission to Membership CPA (NON-CITIZENS)

Expatriate accountants must hold full membership of an approved overseas professional body – approved by CPA PNG.

The minimum level of education for full CPA membership is a university degree in accounting that includes related subjects such as auditing, commercial law, company law and taxation.

There following rules apply to all accountants (local and foreign) for the purpose of fulfilling some or all local licensing requirements:

Limited Licence

A foreign accountant can obtain a limited licence to provide accountancy services in this economy.

Professional Accounting Bodies

A separate license is required from the local professional body in order to provide professional accountancy services in this economy.

There is one recognised professional accounting body in this economy:

Organisation 1


Certified Practicing Accountants Papua New Guinea


Level 2, Accountants Haus

Address 2:

Armit Street


Port Moresby


Port Moresby

ZIP/ Postcode:

NCD 121


Papua New Guinea

Email address:


Phone number:

+675 321 2105
+675 320 0469



Levels of membership:

  • Fellow
  • Certified Practicing Accountant
  • Certified Accounting Technician
  • Registered Graduate
  • Registered Accounting Graduate
  • Registered Accounting Technician

Eligibility to other bodies in the APEC economies


  • Certified Practicing Accountants (CPA’s only)
  • National Institute of Accountants
  • Institute of Chartered Accountants (ICA)


  • Institute of Chartered Accountants
  • Institute of Cost & Management Accountants


  • Certified General Accountants Association.
  • Institute of Chartered Accountants  
  • Society of Chartered Accountants


  • Institute of Certified Public Accountants


  • Compagnie Nationalae des Commissaires                 Au Comptes
  • Ordre des Experts Comptables et des Compatables Agrees


  • Institute of Accountants

Hong Kong:

  • Society of Accountants


  • Institute of Chartered Accountants
  • Institute of Cost and Works Accountants


  • Institute of Chartered Accountants


  • Institute of Accountants


  • Institute of Certified Public Accountants


  • Institute of Certified Public Accountants


  • Association of Certified Public Accountants
  • Institute of Accountants


  • Institute of Accountants

New Zealand:

  • Institute of Chartered Accountants


  • Institute of Chartered Accountants
  • Institute of Cost and Management Accountants

The Philippines:

  • Institute of Certified Public Accountants


  • Society of Accountants


  • Institute of Chartered Accountants


  • Institute of CPA’s

South Africa:

  • Chartered Public Accountants

Sri Lanka:

  • Institute of Chartered Accountants

Chinese Taipei:

  • National Federation of Certified Public Accountants Association


  • Chartered Association of Certified Accountants
  • Chartered Institute of Management Accountants
  • Chartered Institute of Public Finance and Accounting

England & Wales:

  • Institute of Chartered Accountants


  • Institute of Chartered Accountants

Alliance & MOUs

CPA PNG and CPA Australia
CPA PNG and NZ ICA and ICA Australia

Temporary practice arrangements

There is no express rule allowing temporary practice in this economy.

Rules on firms and commercial association

In this economy:

Other regulatory issues

Unable to determine.

Additional information relevant to the Accounting profession

Unable to determine.

Contact Details

Unable to determine.