A three-member delegation comprising Auditor General Hussain Niyazy, Assistant Auditor General Ibrahim Fazeel and Director Ahmed Salih attended the 21st World Congress of Accountants dubbed “the Olympics of Accountants” held in Mumbai, India from November 18-21 at Jio World Centre. The theme for the Congress was “Building Trust Enabling Sustainability”. The Congress was hosted by the Institute of Chartered Accountants of India (CA India)
More than 6,000 delegates from over 134 countries attended the event which is held every four years. Panel discussions, keynote addresses and speeches from business leaders, accountants, senior government officials, technical experts and other eminent personalities were the main highlights of this year’s Congress. The panellists and speakers explored topics such as the Future of Accountancy Profession, Building an Effective Ecosystem for High-Quality Sustainability Disclosure, Accountancy Profession: Partner in Nation Building, Taxation Landscape in India, Taxation in the New Global Era, ICAI: Robust Regulatory Framework, Assurance: Enhancing Trust and Confidence in Sustainability Information, Enabling Sustainability for a Better Future, Initiatives for MSME, Start Up, PFM and Export of CA Services and Public Sector Priorities: Trust, Sustainability and Accountability. The Comptroller and Auditor General of India, Shri Girish Chandra Murmu was among the distinguished speakers; he delivered his theme address on Accountancy Profession: Partner in Nation Building.
The Auditor General who is also an ex-officio member and the interim President of Institute of Chartered Accountants of the Maldives (CA Maldives) was joined at the Congress by other members of the interim Council of CA Maldives which also includes the two officials of the Auditor General’s Office accompanying him on the trip. The delegation met with senior officials of International Federation of Accountants (IFAC) including the newly elected president Asmâa Resmouki to discuss the initiatives taken by CA Maldives and the Auditor General’s Office to develop the accounting profession in the Maldives. The Auditor General, as the president of CA Maldives, updated the IFAC representatives on the milestones that the professional accountancy organisation had achieved since its formation in 2020 while discussing the potential avenues for IFAC to provide guidance to CA Maldives in applying for and obtaining its membership. The delegation met with senior officials of CA India to explore potential ways in which both organisations can share knowledge and experience in the areas of quality assurance, valuation, and taxation.