Speeches & Presentations
by Göran Tidström, IFAC President
Jun 20, 2011
at World Bank—Accountancy Development for Results—Global Conference 2011
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development of the profession
Catalyzing Development Partnerships for Inclusive and Sustainable Growth
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.