Skip to main content

Sydney hosts world’s largest gathering of accountants & finance professionals for first time in 46 years

 

16 November 2017 — Many thousands of business and finance professionals are looking up “Sydney” this week as registrations open for the World Congress of Accountants (WCOA), the world’s largest gathering of accountants being held at the International Convention Centre (ICC) in Sydney, Australia from 5-8 November next year. The numbers add up for Sydney, which last hosted the event in 1972, with it estimated to be worth $18 million to New South Wales (NSW) in 2018.
Held every four years, WCOA is an initiative of the International Federation of Accountants (IFAC). Expected to attract more than 6,000 delegates from 130 countries next year, Chartered Accountants ANZ (CA ANZ) and CPA Australia will co-host the prestigious event being held in Sydney for the first time in 46 years.
“I’ve heard people call WCOA the ‘Olympics of Accountants’ — I guess because it’s held every four years, and brings together the best business and finance minds from around the world. It truly is a milestone event for our profession. To give you an idea of the calibre of speaker and global insight afforded delegates, Pope Francis spoke at the last WCOA in Rome 2014 about the positive impact our profession can make on society,” said Mr Rick Ellis, CEO, Chartered Accountants Australia and New Zealand.
“A high bar has been set throughout the illustrious history of WCOA, but in true Australian style, we intend to set new records and make it the most prestigious, memorable, and professionally powerful experience of a lifetime.  WCOA will give delegates a chance to hear from local and global leaders, network with peers from across the world and access the latest and best in field products and software.  We look forward to welcoming a record number of delegates from around the world to Sydney next November,” said Peter Wilson, Chair, CPA Australia.
ACCA and RMIT confirmed as first official sponsors
Debut sponsors for WCOA Sydney 2018 include ACCA, one of the leading global accountancy bodies; and RMIT, a global university of technology, design and enterprise and Australia’s largest tertiary institutions.
Helen Brand OBE, chief executive of ACCA, said: “ACCA is proud to be supporting World Congress 2018. The accounting profession is evolving to meet the needs of a rapidly changing business and economic landscape, and this important event will enable the profession to come together to debate the future and demonstrate the leadership that will be required in the years ahead.”
“Technology and innovation are making a profound impact on the accounting and finance profession. RMIT nurtures some of the world’s best business minds when it comes to combining research, technology and enterprise, so it made sense for us to sponsor this international coming together of leading accounting and finance professionals,” said Ian Palmer, Pro Vice-Chancellor (Business) and Vice-President, RMIT.

The WCOA 2018 program themes include Protecting the Public Interest and Building Prosperity; Building Trust and Confidence in the Role of the Accounting and Finance Profession; Addressing the Leadership Challenge; Embracing Disruptive Technologies and Innovation; Enhancing Ethics and Integrity; Exploring Sustainable Solutions to Business, Social Enterprises and Economies ; and Safeguarding the Future of the Accounting Profession.
 

Comments

Popular posts from this blog

CENTRAL BANK OF NIGERIA (CBN) Deputy Gov Disowns Fake e-mail Address.

Disclaimer CBN Deputy Gov Disowns Fake e-mail Address CBN Deputy Gov Disowns Fake e-mail Address The attention of the Central Bank of Nigeria (CBN) has been drawn to the activities of fraudsters impersonating some principal officers of the Bank in an attempt to defraud unsuspecting members of the public. Of particular concern to the Bank is the recent message sent from an e-mail purportedly belonging to the Deputy Governor, Corporate Services, Mr. Edward Lametek Adamu, transacting a phony business deal. We wish to inform all members of the public, particularly members of the social media community that officials of the CBN do not communicate with emails outside the @cbn.gov.ng domain. No principal officer of the Bank will transact business or ask you to transact business with any other platform outside those ending with @cbn.gov.ng. The CBN also wishes to warn the public that it will not be liable for any financial transaction which may have transpired between people and sca...

Outreach event on the principles of disclosure discussion paper in Hong Kong

On 5 September 2017, the Hong Kong Institute of CPAs and the IASB will host a joint outreach event in Hong Kong on the IASB dis­cus­sion paper DP/2017/1 'Dis­clo­sure Ini­tia­tive — Prin­ci­ples of Dis­clo­sure'. The event will cover main elements of the  dis­cus­sion paper , including: “what con­sti­tutes effective com­mu­ni­ca­tion in the financial reports;” “what con­sti­tutes fair pre­sen­ta­tion of per­for­mance measures such as EBITDA;” “when, where and how financial in­for­ma­tion should be disclosed.” For more in­for­ma­tion, see the  press release  on the IASB’s website.

New—and Important—Role for Professional Accountants in Assessing Human Rights Risk

  When law firms are hiring specialists focusing on human rights as advisors to business, business at large must take note. Over the last few months, at a range of events, I have heard first hand from such new professional legal associates of the importance of horizon scanning and the how the landscape is changing in regard to corporate responsibility. Human rights and business is an emerging area that is set to accelerate and, as no any business can rest assured without further investigation that their full supply chain is “clean”, assessing and addressing potential risk in this area is clearly also a role for the professional accountant . In recent years, the operating environment for business has changed irreversibly. Companies will be increasingly called to account to show what they have done to prevent disasters like the 2013 Rana Plaza garment factory collapse in Bangladesh that cost over a thousand lives. It is not only the clothing industry that is affected by human rig...