The purpose of the association is to provide a forum for persons with a professional interest in accounting education and research and their impact on practice. It will serve to enhance communication and cooperation among its members residing in Asia and elsewhere. It will also provide a framework for the better dissemination of information on accounting pedagogy and research and work with other academic accounting associations and professional bodies on matters of mutual interest. The association will also provide input and represent the interests and views of its members on matters relating to accounting education, research and practice. The main activity of the Association is to conduct the annual conference that will be held in any Asian countries by the appointed host.