Global accountancy leaders address credit crisis

The International Federation of Accountants (IFAC) has released the results of its 2008 Global Leadership Survey. The survey summarizes the views of leaders of 110 accountancy bodies worldwide on the credit crisis and other top issues for the profession. The majority of these organizations have been actively engaged in identifying and executing appropriate responses to the crisis, supporting their members in understanding applicable international standards and working with regulators, business groups and others to find solutions.