ICAC PARTICIPATES IN IFAC COUNCIL MEETING HELD IN ROME
The ICAC was represented by President Frank V. Myers at the Ordinary Council Meeting of the International Federation of Accountants which was held on November 7, 2014 at the Westin Excelsior Hotel in Rome, Italy. The meeting was hosted by the Consiglio Nazionale dei Dottori Commercialisti e degli Esperti Contabili (CNDCEC) and was attended by a wide cross-section of stakeholders within the global accountancy profession, including representatives of professional accountancy organizations, governmental agencies, firms, and the public.
At the meeting, the IFAC Council announced the election of its new President, Olivia Kirtley of the United States and Deputy President, Rachel Grimes of Australia. Ms. Kirtley is the first female President of IFAC. The IFAC Council also elected five new members to the IFAC Board:
Raphael Ding (Hong Kong), Richard Petty (Australia), Kumar Raghu (India), Shinji Someha (Japan), and Joy Thomas (Canada). The IFAC Council also re-elected Ahmadi Hadibroto (Indonesia) and Masum Turker (Turkey).
Three new associates were also admitted to membership by the IFAC Council - the Chamber of Authorized Auditors of Republic of Serbia, the Indonesian Institute of Public Accountants, and the Non Profit Audit Association “Sodruzhestvo” of Russia. Two existing associates were also admitted as members - the Association of National Accountants of Nigeria and the Institute of Certified Management Accountants of Sri Lanka. The Dutch Institute of Management Accountants was also admitted as a member.
ICAC President, Frank V. Myers ( left) with Pamela Monroe-Ellis, IFAC Board member and Representative for Jamaica (centre) and Bruce Scott, Technical Advisor to Mrs. Monroe Ellis at the IFAC Council meeting on November 7, 2014 in Rome, Italy