Financial Accounting Blog

Saturday, January 17, 2004

Financial Auditing in Iraq. GULF DAILY NEWS discusses the new additions to a new KPMG office in Baghdad. It is very interesting to me how easy it is to forget that Iraq has businesses that function not only locally, but in the global economy. I wish these five new auditors nothing but the best in their rebuilding process.
FIVE Iraqis have a new start in life, after being brought to Bahrain for training at a financial advisory firm. KPMG has opened an office in Baghdad and began recruiting for auditors three months ago....

"They have been caged by the world and Saddam for the last 18 years and we feel it is our duty to try to give them the opportunity to increase their understanding of the financial and accounting world."...

Mr Al Adhamy said that two managers had already been selected for the Iraq office and the company was aiming to employ 20 more Iraqis by June. The company also hopes to create jobs for 150 Iraqis within the next two years.