2015: A Commitment Renewed
In a public address for 2015, IFAC CEO Fayez Choudhury answers the question: what makes the accountancy profession resilient, viable, and strong? In a world that is rapidly globalizing, he says that trust and credibility are the keys. Mr. Choudhury emphasizes that the accountancy profession provides a level of technical expertise that must continue to keep pace with the increasing complexity of the times and the evolution of knowledge. He also stresses that ethics must continue to be at the foundation of the profession as accountancy is ultimately a public interest function. This must endure with the integrity, transparency, and reliability of the information that accountants provide.