Professional Accountants in Business Committee member Alan Johnson recently gave a presentation on corporate governance during Contabilidad y Responsabilidad para el Crecimiento Económico Regional (Conference for Accounting and Accountability for Regional Economic Growth, or CReCER)
High-quality financial reporting is at the heart of strong capital markets and sustainable economic growth. All those involved in the financial reporting supply chain play a critical role in the quality and reliability of financial information.
High-quality financial reporting is at the heart of strong capital markets and sustainable economic growth. All those involved in the financial reporting supply chain play a critical role in the quality and reliability of financial information.
Business Reporting Through the Lens of the Investor
High-quality financial reporting is at the heart of strong capital markets and sustainable economic growth. All those involved in the financial reporting supply chain play a critical role in the quality and reliability of financial information.
Business Reporting Beyond the Crisis: How to Make Sure That We Don't Tumble Into Another Black Hole
High-quality financial reporting is at the heart of strong capital markets and sustainable economic growth. All those involved in the financial reporting supply chain play a critical role in the quality and reliability of financial information.
Good Governance and Sustainability Fundamental for Improved Business Reporting
High-quality financial reporting is at the heart of strong capital markets and sustainable economic growth. All those involved in the financial reporting supply chain play a critical role in the quality and reliability of financial information.
Barry Naik (he/his) is the Director for the Forum of Firms (FoF) which currently comprising over 30 member Network firms is headquartered out of IFAC's New York office. At the FoF, Mr. Naik leads various initiatives in support of further advancing Audit Quality.
He has a BCA and BA from Victoria University, Wellington, New Zealand and is a Chartered Accountant with Chartered Accountants Australia & New Zealand (CA ANZ). Outside of work Barry enjoys fitness, quality time with family and friends and is a long time volunteer with The Trevor Project.
I am truly delighted to be here today to participate in this important event. My thanks and congratulations to Jorge Paganetti and to FACPCE for hosting CReCER this year.
The title of this session is Key Factors for the Development of Capital Markets.
We will hear from a variety of speakers, including representatives of the World Bank, the Inter-American Development Bank, and the Global Public Policy Committee.
They will speak about openness, transparency, the public sector, and the role of the auditor. I would like to spend a few minutes on IFAC’s role, and how we work with the other organizations to support efficient, effective capital markets.
Good morning, ladies and gentlemen. I am truly delighted to be here today to participate in this important event.
As you are all aware, the global financial crisis has focused a spotlight on the relationship between the accountancy profession, financial stability, and overall economic and social progress.
After all, accountancy is the foundation of high-quality financial information. And high-quality financial information increases transparency, enhances the effective management of public resources, and furthers country stability and economic growth—which, in turn, facilitates foreign direct investment.
Good afternoon, ladies and gentlemen. I am truly delighted to be here today to participate in this important event. Many thanks to Mr. Ádám Balog, Deputy State Secretary, Ministry for National Economy, and Dr. János Lukács, President, MKVK, for hosting the meeting and inviting me to participate.
As we stand here today, the world is still affected by the financial crisis and the economic environment. Here in Hungary, the government is making strides to cut the budget deficit—and that is very positive. But of course there are countries within the EU and all over the world that are still being affected by the broader global slowdown.
So what can we—what should we—do?
Certainly, significant financial reforms are being considered in different parts of the world. IFAC’s view is that we need to build a sustainable business environment and a strong financial architecture.
Financial infrastructure—in the form of high quality, recognized standards in auditing and assurance, ethics, education, public sector accounting, and related regulation—is the only way that we can achieve broad-based, sustainable economic development.
