ABAF was set up in 1982 to promote the interests of its members in the fields of professional education, communication and relations with other bodies or Associations. Its members are members of one of the six CCAB bodies (ICAEW, ICAS, ICAI, ACCA, CIMA and CIPFA) and resident in France. The Council comprises 12 members of whom a third are elected or reelected every year. Any member may stand for election to the Council. The annual subscription is currently 10 euros. We normally hold five or six meetings each year with a Technical Update held in January which is presented by the Bureau Francis Lefebvre. This update covers the French Finance Act which is voted in December, changes in labour and social laws and international tax. The AGM is held usually in April when we invite as guest speakers the presidents of one of the UK bodies and one of the French bodies (the Ordre des Experts-Comptables or the Compagnie des Commissaires aux Comptes). They generally give an update on current events in the profession in their respective countries. Most meetings are held in the evening in Paris at "Le Cercle de l'Union Interalliée" with a guest speaker and this is followed by a cocktail which allows members to meet each other and the guest speaker. However, we also hold a luncheon meeting in December. You will receive notice of our meetings automatically if you have informed your Institute of your address in France and I would strongly recommend that you attend and look forward to seeing you at our next meeting.