Shantilal Daga in IFAC''s developing nations committee
03 Jan 2006
Hyderabad:
The Institute of Chartered Accountants of India (ICAI)
has announced that the US-based International Federation
of Accountants (IFAC) has appointed its central council
member, Shantilal Daga, to the Developing Nations Committee
for a period of two years. Daga will represent India on
behalf of ICAI.
The IFAC is the worldwide organisation for accountancy
profession.
In a press release, the ICAI said that the New York headquartered
IFAC is represented by 160 professional bodies of 120
countries. Its mission is to serve the public interest
and strengthen the worldwide accountancy profession. The
objective of the Developing
Nations Committee is to support the development of the
accounting profession, particularly in developing nations
by aiding their participation in the international standard
setting process.
