Over 200 accountants, auditors and university students joined Sir David Tweedie, a renowned personality in the accounting profession, at his Special Address hosted by the Asian Institute of Finance (AIF) on 25 September 2014.
At his lecture, Sir David, currently the Chairman of the Board of Trustees, International Valuation Standards Council, shared his thoughts on the effects of the global financial crisis has had on accounting and his take on the underlying cause of that crisis. Sir David also touched on the role of the International Accounting Standards Board (IASB) as well as the major political and technical issues faced by the IASB and its move to create a single set of global accounting standards. He concluded by giving his views on the growing importance of Asia in the development of the international financial reporting standards.
The event ended with a panel discussion where attendees had the opportunity to interact with a panel led by AIF’s CEO Dr Raymond Madden, featuring Sir David and Dato’ Mohammad Faiz Azmi, Chairman, Malaysian Accounting Standards Board.