Collaborating to Build a Strong Accountancy Profession in the Kyrgyz Republic

Fermí n del Valle | President, International Federation of Accountants

Jul 25, 2008 | Bishkek, Kyrgyz Republic | English

Good morning, ladies and gentlemen. It is a pleasure to be here with you for this international conference.

I would like to thank USAID and the hosting organizations for inviting me to be here with you in this country of beautiful lakes and hills that has attracted travelers for thousands of years.

The International Federation of Accountants (IFAC), of which I am currently the President, is the global organization for the accountancy profession. IFAC's mission is to develop the accountancy profession globally so that it can effectively serve the public interest and contribute to the development of strong economies. 

IFAC sees the accountancy profession and all professional accountants as effective agents for development in our societies.  This places the accountancy profession in its true role, and makes the relevance and sustainability of our profession a matter of public interest.

In order to fulfil our mission, we work with our 157 members and associates in more than 120 countries, including the Union of Accountants and Auditors of Kyrgyz Republic, the Chamber of Auditors of the Republic of Kazakhstan and the National Association of Professional Accountants and Auditors of Uzbekistan. We also work with regional organizations and accountancy groupings, such as the Eurasian Council of Certified Accountants and Auditors. Of course, we would also like to work with other professional organizations in Central Asia that want to join our global family and are ready to make the commitment to comply with IFAC's Statements of Membership Obligations.

To achieve our mission, we also work with regulatory bodies, government officials, and representatives of the international donor community.

The presence here today of individuals from each of these backgrounds demonstrates the importance of the focus of this conference: the role of the accountancy profession in economic growth and development worldwide.

 
 

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