This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

G8 finance ministers endorse international accounting standards

  • g8.gif Image

19 May 2003

Finance ministers from the Group of Eight large developed nations met in Deauville, France, on 17 May 2003 to discuss the challenges to their own economies and, more broadly, global economic growth.

The meeting resulted in a Statement (PDF 10k) backing, among other things, the development of international accounting standards as a means to bolster investor confidence: "We favour the emergence, through open and public processes involving the private sector, of high-quality internationally recognized accounting standards that are applied, interpreted and enforced, with due regard to financial stability concerns." The finance ministers' meeting is a prelude to a summit of the G8 heads of state and government that will take place on 1 to 3 June at Evian. The G8 countries are Canada, France, Germany, Italy, Japan, Russia, United Kingdom, and United States.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.