IFAC's Response to Globalization

Graham Ward, CBE | IFAC President (November 2004 to November 2006)

Sep 21, 2006 | at 7th Congress of the Eastern Central and Southern African Federation of Accountants | Mangochi, Malawi | English

Chairman, Presidents, fellow accountants, ladies and gentlemen. Good afternoon. It is a great pleasure to be here in Mangochi in the Warm Heart of Africa to address the 7th Congress of the Eastern Central and Southern African Federation of Accountants. Thank you for your kind invitation Africa has a special place in my heart, because my wife, Ann, was born in Africa and spent her childhood in Africa: Egypt, Ethiopia, Kenya, Morocco and Nigeria. I myself lived in South Africa on an international secondment with my firm and have visited eight other African countries.

The theme for this Congress - Africa's response to globalization - is especially relevant; it keeps us focused on understanding the challenges resulting from globalization, the opportunities presented to Africa for increased economic development and growth and the role of the accountancy profession in that process. My comments today are focused, therefore, not simply on IFAC's response to globalization, but more specifically, on IFAC's role in assisting African countries - and indeed all developing countries - in addressing the challenges of globalization in order to create a better world for their citizens.


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