Global challenge

Article Abstract:

The changes and resultant pressures faced by Chief Financial Officers globally due to international convergence in markets, currencies and business practices are highlighted. The 35th World Congress of the International Association of Financial Executives Institutes brought to the table several concerns over globalization including US dominance in the global economy and the issue of accounting standards harmonization and adoption in the European Union.

United Kingdom, Economic aspects, Practice, Influence, Accounting, Chief financial officers, Accounting law, Globalization

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Ruling the world

Article Abstract:

Dirk E. Witteveen executive director of the Dutch central bank and chairman of the Joint Forum, has given his views on the nature of the international convergence of governance and reporting standards and critical business issues. He feels that the regulators should provide a framework ensuring a degree of security to society and also give full respect to the requirements of industries for an acceptable outcome and framework.

Commercial Banks, Netherlands, Banking industry, Executive directors, Witteveen, Dirk E., Nederlandsche Bank N.V.

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View from the top

Article Abstract:

Conrad Hewitt, the Securities and Exchange Commission's (SEC's) new chief accountant, has given his views on some of the current priorities and other important issues facing the US SEC. Hewitt, who states that his main objective is to protect investors, has described the SEC's present and future role in restoring investor confidence in the US.

United States, Management, Appointments, resignations and dismissals, Company business management, United States. Securities and Exchange Commission, Hewitt, Conrad

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