2015: A Commitment Renewed

Fayez Choudhury | January 13, 2015 | 2

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.  


Fayez Choudhury

Chief Executive Officer, IFAC

Fayez Choudhury became chief executive officer of the International Federation of Accountants (IFAC) in February 2013. Mr. Choudhury was previously with the World Bank, where his last two assignments were as vice president, Corporate Finance and Risk Management; and controller and vice president, Strategic Planning and Resource Management. See more by Fayez Choudhury


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KARIM AZIZ January 15, 2015

Very crisp and to the point message from the CEO. Wish all the accountants around the world follow them in letter and spirit. Ethics and Accountants go hand in hand, we have to go a long way to implement Ethical Standards across the world.

Kari Lydman January 14, 2015

Very compact and clear speech from our CEO. Ethics is more important than technics, and more difficult to measure. However, it was very important to hear this tone at the top.


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