Baker Tilly Holds Seminar On Int’l Reporting

By Jefferson D.Tweh

Baker Tilly Liberia has held a six-day seminar on professional development and International Financial Reporting Standards aimed at training business entities to adopt and harmonize financial records keeping and reporting standard.

Speaking at the opening of the seminar in Monrovia, the Managing Partner of Baker Tilly Liberia, Mr. Theo Joseph disclosed that Baker Tilly Liberia was established in 1992 aimed at promoting proficient accounting firm and providing quality services to the Liberian people.

Mr. Joseph explained that Baker Tilly Liberia has employed over 600 Liberians and 45 persons are professional staff while two employees have been sent to the United States of America and United Kingdom for further studies in Certified Public Accounting (CPA).

According to Mr. Joseph, Baker Tilly International has 156 firms in 123 countries and has 672 offices in 131 countries and 25,000 to 26,000 people are professional staff around the global.

“We pay particular attention of the work we do and mindful of integrity being exhibited in this profession and ethical responsibility is something that Baker Tilly Liberia does not joke with because it guards the employees to exhibit moral attitude.

Mr. Joseph mentioned that the entity is always providing adequate training to its employees to enable them be effective, efficient in performing their duties at all times.

The Executive Director of Liberia Bankers’ Association (LBA) Mr. Milton Weeks urged the participants to take the seminar serious because it will help them to achieve lots of things.

Meanwhile, Mr. Weeks has lauded the Baker Tilly Liberia for initiating such a wonderful seminar which he believes will be a help to the participants to know something about the international financial reporting standards and put that into practice.

Executive Chairman of Baker Tilly Liberia Mr. George Fonderson disclosed that, what has been pursued right now is at the best to harmonize all the generally accepted accounting principles into one reporting standard, so as a result financial statement is prepared in Liberia comparable to other countries.