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A New Era for the Profession
Mr. Prime Minister, Rt. Hon. Owen Arthur, President Kiddoe of ICAC, President Robinson of ICAB, distinguished delegates, fellow accountants, ladies and gentlemen. Good morning. Thank you very much for the opportunity to be here with you to discuss this new era for the accountancy profession and what the International Federation of Accountants (IFAC), together with its member bodies, are doing at a national, regional and global level to support professional accountants worldwide. It is a great pleasure to be here again in Barbados.

I would like to thank Mr. Garth Kiddoe, ICAC President, and Mr. Brian Robinson, President of the Institute of Chartered Accountants of Barbados, for the opportunity to speak with you today. As you know, Barbados is one of the first six members to join the Caribbean Single Market on 1 January 2006. I applaud this commitment to greater regional cooperation, lowering of trade barriers and harmonization of standards, as these are sure to lead to increased economic growth and development. "Sharpening the edge" indeed. I offer the congratulations of the world's accountancy profession to you, Mr. Prime Minister, on an outstanding initiative.

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