“From Crisis to Clarity – Setting Financial Standards Globally”

NEW YORK--(BUSINESS WIRE)--International Federation of Accountants (IFAC):

WHAT:					“From Crisis to Clarity – Setting Financial Standards Globally”
					Advance breakfast briefing on the International Federation of Accountants (IFAC)
					Global Council Meeting
WHO:					International Federation of Accountants (IFAC) Executives –
					Robert Bunting, President; Göran Tidström, Deputy President; Ian Ball, CEO
WHEN:					Monday, November 16th at 8:30 a.m. ET
WHERE:					National Press Club, Washington, D.C., 529 14th St. NW,
					Washington, DC, 20045, Zenger Room
FOR:					Working journalists only (Breakfast will be provided)
RSVP:					Required – Please RSVP to Alexandra Waibel, alexandrawaibel@ifac.org
					Media Contact: Pam Snook, pamvsnook@gmail.com, 917-544-1923

The International Federation of Accountants (IFAC), a global leader in financial standards-setting, convenes its Global Council to set priorities for producing the clear, consistent and high-quality financial information crucial to economic recovery.

IFAC’s members -- representing 157 professional accounting institutes in 123 countries and jurisdictions -- will discuss key questions on strengthening financial reporting including:

• What will be accomplished by having common global standards for auditing, government accounting, and auditor independence worldwide?
• Why should governments and their agencies be held to the same standards of transparency and accountability as the private sector?

• Why do small and medium-sized enterprises (SMEs) rate special consideration from standard-setters and regulators?
• How does the work of IFAC’s independent standard-setters impact investors, regulators and policy-makers?

IFAC (www.ifac.org) is the global organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC represents more than 2.5 million accountants worldwide serving in public practice, education, government service, industry and commerce. IFAC sets auditing, public sector accounting and ethics standards for accounting professionals worldwide.