IFAC President Warren Allen discussed the relationship between financial reporting and governance in remarks to the 3rd Saudi-Pak Accountancy Symposium, held May 15, 2014.
"The financial information is used to make economic decisions about an organization, its resources, and its future," he said. "The quality of that information will affect the quality of decision-making at every level."
In early May, IFAC President Warren Allen participated in the Pan African Federation of Accountant’s Pre-General Assembly Conference. Mr. Allen discussed capacity building for the accountancy profession in Africa and various initiatives, from IFAC and other professional accountancy organization, in the region. Mr. Allen also discussed the recent grant from the UK Department of International Development, as well as other global initiatives from IFAC.