Magazine article The CPA Journal

World Congress of Accountants - the African Perspective

Magazine article The CPA Journal

World Congress of Accountants - the African Perspective

Article excerpt

The XIV World Congress of Accountants, which took place at the Washington Convention Center in October 1992, was attended by over 3,000 participants and sponsored by the Intemational Federation of Accountants (IFAC). It yas hosted by the AICPA, the Institute of Management Accountants, and Institute of Internal Auditors.

The Congress is held in a different country every five years, the last one being in Tokyo in 1987.

In spite of the superb organizational arrangements and the invaluable benefits gained at the Congress (the most significant being the fact that the accountancy profession continues to assert itself globally as one of the most powerful, dynamic. and credible professions), the impressive contingent of African delegates had to return home disappointed, disenchanted, and crest-fallen.

The Congress theme, "The Accountant's Role in a Global Economy" could not have been more appropriate and timely. With the globalization of trade and services and the focus on Europe 1992, more and more organizations are becoming international in scope.

The Congress was designed to provide accounting professionals throughout the world with key insights into the challenges, concerns, and opportunities faced by our profession. …

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