For example, estimates of the euro area output gap, as published by international organizations from 1999 to 2004, underwent significant revision. Some revisions matched or even exceeded the original estimate of the gap itself.
This is a rare opportunity to be with the movers in the profession who are at the forefront of the crusade of coping with the accounting evolution happening globally. To the men and women who continue to heed the call to serve in this noble undertaking, we salute you.