Accounting federation presidency: ICWAI's A. N. Raman appointed SAFA President enhancing regional accounting leadership representation.
Appointment of A. N. Raman as President of the South Asian Federation of Accountants took effect in January 2011 following his election at the 72nd General Assembly; Muhammad Rafi was nominated as Vice President for 2011. The change reflects a routine governance transition by Assembly election and nomination, with the President's professional credentials and international committee participation noted as relevant to his federation leadership role.

Window dressing: call for stronger disclosure and corporate governance to ensure transparent financial reporting and risk oversight.
Finance minister warns against window dressing and urges accountants to prevent concealment of leverage and risk; advocates strong disclosure standards for complex financial instruments and systemically important entities to prevent regulatory arbitrage. He ties transparent, standardised accounting and robust corporate governance to stakeholder support and business resilience, and supports convergence with IFRS to ensure financial statements faithfully represent an entity's position and performance.