Paper

The activities of the accountant’s profession are world wide. The principles which should govern its actions are universal. Truth and fairness should be the outstanding characteristics of our profession everywhere. The greater the impact of accounting thoughtin one country upon the thought of accountants in another the closer shall we come to universal understanding and application of fundamental accounting principles. That is one of the reasons why we of the profession in the United Kingdom are delighted to take part in this congress and why we believe that, if the highest interests of the profession as a whole are to be assured, properly qualified accountants of one country should be able, under their own professional designations, to work in other countries in friendly co-operation with the skilled accountants of those countries.