Deloitte Chairman will speak at IFRS conference in Dubai

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25 May 2005

Piet Hoogendoorn, chairman of the Deloitte Touche Tohmatsu (DTT) Board of Directors, will speak at the World Accounting Summit being held in Dubai, United Arab Emirates, on 29 May to 1 June 2005. The conference is under the patronage of the United Nations Conference on Trade and Development (UNCTAD).

The event will bring together senior representatives from the global standards setters and major accounting associations as well as principal advisers to multinational companies and key users and preparers of financial statements. A major step in the worldwide convergence of accounting standards, IFRSs present new opportunities for those in professional services – as well as difficulties, particularly with respect to consistent application. As DTT Chairman, Piet will discuss the challenges now being encountered with the adoption of IFRSs and how Deloitte member firms work to address client needs and concerns. Several other partners from Deloitte member firms will also be participating in this conference, including Abbas Ali Mirza, Deloitte Dubai; Stig Enevoldsen, Deloitte Denmark and current chair of EFRAG, Europe; and Asad Ali Shah, Deloitte Pakistan.

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