This vision may already be in the drawing boards in some of the countries represented here or better yet this may stir a united stance to echo a regional commitment on corporate governance. Conclusion We are in the middle of a monumental evolution of accounting standards and other best practices.
Let us not focus on the difficulties and complexities of change, rather let us take this opportunity to correct the mistakes done in the past, strengthen our fortress for growth and seize the chance for global convergence. 2  BIS Review 80/2005  I would like to congratulate the organizers of this event for this worthwhile endeavor.