The Accountancy Profession: Fighting Fraud and Corruption

by Olivia Kirtley, President, IFAC

Following the World Congress of Accountants 2014, His Holiness Pope Francis addressed the accountancy profession on being a positive force in the fight against fraud and corruption. Noting that difficult economic times increase the risk of moral hazard, he said:

There is a stronger temptation to defend one’s interest without concern for the common good, without paying much heed to justice and legality. For this reason everyone, especially those who practice a profession which deals with the proper functioning of a country’s economic life, is asked to play a positive, constructive role in performing their daily work.

As my IFAC presidency came to a close, I wrote to His Holiness to inform him of our vigorous efforts to address a global problem that requires great collaboration.

source: ifac.org

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