Leading towards Sustainable and Progressive Economy

Sunday, August 18, 2013 Print Email

MICPA (the Myanmar Institute of Certified Public Accountants) and ACCA (the Association of Chartered Certified Accountants) had the Myanmar Finance Leaders Summit in Yangon on the fourth of August 2013. The meeting pulled is over 300 guides in money, bookkeeping, corporate influence, and capital markets. Myanmar has been experiencing exceptionally continuous financial improvement and the years ahead will end up being energizing for Myanmar. Premium in the nation has been high, with Mncs and outside moguls trying to enter the business sector. As per a Mckinsey Global Institute report, the nation could fourfold the measure of its economy from USD 45 billion in 2010 to more than USD 200 billion in 2030. Myanmar will likewise be starting its first stock trade, the Yangon Stock Exchange in 2015 – a measure that will give firms in the nation more stupendous access to finance.

On the other hand, Myanmar needs the copartnered monetary administrations division that helps a capital business sector capacity-, for example securities organizations, law offices, and bookkeeping and review practices. As the economy develops, there is a more terrific need for skilled fund administration, and a powerful bookkeeping and legislation skeleton.

Considering this, MICPA and ACCA had the Myanmar Finance Leaders Summit, a gathering which tended to how building an in number fund and bookkeeping structure can help a nation pick up more terrific access to back and manufacture a stronger economy. A portion of the exchanges at the gathering incorporated the part of the bookkeeping calling in conveying successful open money related administration; how a developing economy can make more amazing access to fund and how making access to back assumes a social part in lifting neediness and furnishing more amazing chances for the individuals of Myanmar.

The gathering offered striking worldwide speakers with a richness of experience in cash, game plan, capital markets, open cash identified organization, and worldwide progression consolidating U Than Lwin, Deputy Chairman (2), Kanbawza Bank Ltd; Datuk Nur Jazlan Mohamed, Member of Parliament, Malaysia and Chairman of Public Accounts Committee (PAC) of the Parliament of Malaysia; Professor U Maw Than, Member of the Myanmar Accountancy Council and Steering Committee Member of MICPA; Dr. Maung Lay, Vice Chairman, Republic of the Union of Myanmar Federation Chamber of Commerce and Industry (UMFCCI); Mr. Ahmadi Hadibroto, Board Member, International Federation of Accountants (IFAC); Mr. James Lee, Director of Finance, The Regent Singapore; Mr. Jovi Seet, Partner, Pwc Singapore and Senior Executive Director, Pwc Myanmar; and Mr. Reza Ali, Head of Emerging Markets – Asia

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