G20 Summit Puts Accounting at the Top

CPA Australia has welcomed the outcomes from the G20 Leaders' Summit on the global financial crisis as a crucial starting point in addressing the crisis.

 

CPA Australia President Alex Malley said the focus on accounting issues at the meeting of world leaders showed the accounting profession’s critical role. He said the profession must now be involved front and centre in the design and implementation of the new initiatives flagged. 

 

'The principles established at the G20 Leaders' Summit put accounting at the centre of the solution and crucially, provide a framework for moving forward in a coordinated manner,' he said.

 

'CPA Australia is active in the development of sustainability reporting methods and we intend to raise this, among the other critical accounting and finance issues as our contribution to the ongoing efforts to redesign the global financial architecture,' said Mr Malley.