Bootcamp LACPA Conference Quality Financial Reporting Serving the Economy
DATE: November 25, 2015
TIME: 1:15 pm
On November 25 and 26, 2015, I participated in the 20th International Congress of the Lebanese Association of Certified Public Accountants (LACPA). This year’s congress was titled “Quality Financial Reporting Serving the Economy”. I represented the World Bank in a panel discussion of the International Public Sector Accounting Standards (IPSAS).
The panel discussion took place over a 90 minutes session titled “Importance of Applying IPSAS on Economic Growth and Transparency of Government Accounting”. Other members in the panel included the Chairman of the Budget and Finance Parliamentary Committee of the Lebanese Parliament, and the Director General of Finance in Lebanon’s Ministry of Finance. My presentation focused on the IPSAS contribution to better governance and transparency, special considerations in transition to IPSAS, as well as examples of successful implementation of IPSAS.