Catalyzing Development Partnerships for Inclusive and Sustainable Growth
Göran Tidström | IFAC President
Jun 20, 2011 | at World Bank—Accountancy Development for Results—Global Conference 2011 | Washington, D.C. | English
Good morning, ladies and gentlemen. I am truly delighted to be here today to participate in this important event.
As you are all aware, the global financial crisis has focused a spotlight on the relationship between the accountancy profession, financial stability, and overall economic and social progress.
After all, accountancy is the foundation of high-quality financial information. And high-quality financial information increases transparency, enhances the effective management of public resources, and furthers country stability and economic growth—which, in turn, facilitates foreign direct investment.