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.

Enhancing the profession's global contribution

  • IFAC (International Federation of Accountants) (lt gray) Image

15 Feb 2005

At a meeting in London convened by IFAC last week, the chief executives of 30 IFAC member bodies and regional accountancy organisations discussed a global agenda for enhancing the accountancy profession's contributions to economic growth and development.

Participants agreed that the international profession should strengthen accountancy in developing nations, address professional responsibility in financial reporting, clarify the role of accountants in corporate governance, provide support and guidance for professional accountants in business, and focus on supporting small and medium enterprises and practices. Specific steps include:
  • Supporting more rapid development of narrative reporting to achieve greater transparency and more integrity in corporate reporting.
  • Establishing an international forum to address audit quality with investors, regulators, and others.
Click for IFAC Press Release (PDF 52k).

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.