Making Progress on the Integration of the Worldwide Accounting Profession

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    by Fermí n del Valle, President, International Federation of Accountants

    Oct 24, 2007
    Budapest, Hungary



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    Making Progress on the Integration of the Worldwide Accounting Profession

    Good afternoon and thank you for inviting me to join the 75th anniversary celebration of the Chamber of Hungarian Auditors (CHA).  Congratulations on this wonderful occasion.
    It is significant that we are marking this 75th anniversary on October 24th; one day after the Hungarian National holiday that celebrates the freedom fighters of the Hungarian Revolution of 1956. The accounting professional organization, established in 1932, has faced the challenges of operating during wartime, pushing ahead in the face of hostile political regimes and staying the course in times of great economic upheaval. Facing adversity, surviving, and thriving are testimony to the spirit of the people in this room, as well as the rest of the Hungarian people.

    But Hungarians are known for more than just an enduring spirit.  Hungarians are known for a tradition of innovation.  Famous Hungarian inventors and their inventions include: John von Neumann and digital computing; Laszlo Biro and the ball point pen; and Erno Rubik and his Rubik’s cube. Such inventions require vision and a belief that the world needs what you have got to offer, which brings us to our topic this afternoon.


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