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• W123334649 abstract "Bertil Edlund of Sweden, president of International Federation of Accountants (IFAC), has a ready answer when asked why American CPAs should attend World Congress of Accountants to be held in Washington, D.C., on October 14-18, 1992: Because it's being held at right time and in right place and it has right In a recent Journal interview, Edlund said, Since 1987 World Congress in Tokyo, Berlin Wall has fallen, Eastern Europe and Russia itself are moving toward market economies, European Community has become a reality and Pacific Basin countries have enjoyed unprecedented growth. flow of capital over borders has become much larger in last five years and is still growing rapidly. Sooner or later, global economy will affect every accountant in world. It is surely time for another World Congress of Accountants. He added, World Congress will address a wide area of topics associated with globalization, and not just accounting issues. We will cover problems and opportunities in international capital markets, international communications techniques, developments in Europe and developments in Asia, as well as progress on harmonization of international financial reporting standards. Thus, we have right program. Also, congress is being held in an American city that is a delight to visit and where CPAs in United States can attend at moderate cost and minimum disruption to their jobs and Peter Agars, IFAC's incoming president and an Australian, is equally enthusiastic. To him World Congress is the best-value experience accountants will be able to get for next five In addition, It's a very important time for future of profession. At congress, Bertil Edlund will present results of strategic planning process IFAC has undertaken over past two years. strategic plan that has just been completed calls for some very significant shifts in direction for accountants throughout world and structure of their firms, their companies and their practices. This will be a rare opportunity for American accountants to focus on what other parts of world are doing and to exchange experiences with their international colleagues. upcoming congress's success will be measured against goals set for it by its sponsor, IFAC, and its hosts, American Institute of CPAs, Institute of Management Accountants and Institute of Internal Auditors. They are striving to create an atmosphere of cooperation equaling that established at first two international gatherings of accountants held in United States. THE FIRST INTERNATIONAL CONGRESS: A MANDATE FOR UNIFORMITY first International Congress of Public Accountants was held in Saint Louis, Missouri, on grounds of Saint Louis Exposition. congress opened on September 26, 1904, had 83 registrants and ran for three days. Attendance was high, considering proportions of registrants to total membership--340--of two major organizations for accountants at that time. Financial Record's coverage of event mentioned that accountant's gathering eclipsed Bar Association annual meeting, which was held at same time. Although congress was billed as an international event, only about 10 representatives of societies in England, Scotland and Canada attended. In addition, E. Van Dien from Amsterdam, Holland, was present as a guest of congress and addressed it on third day. However, he was not registered as an official representative of his society because of what Record calls an oversight. In his opening remarks, Congress Chairman Joseph Edmund Sterrett, CPA, president of Pennsylvania Institute of CPAs, referred to a problem still plaguing CPAs today when he said, The public accountant as a sort of detective, whose chief service is to show how a thief tapped till, is a conception of our worth that is altogether inadequate. …" @default.
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• W123334649 title "Preparing for October's XIV World Congress of Accountants" @default.
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