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Activities and Interest Areas

The Professional Accountants in Business (PAIB) Committee focuses on six key topic areas: the roles, domain, and competencies of PAIBs; governance and ethics; sustainability and corporate responsibility; risk management and control; financial and performance management; and business reporting. 

 

  • Roles, Domain, and Competences of PAIBs

    IFAC supports the global accountancy profession to respond to changing expectations of society, financial markets, and organizations, and to promote and contribute to the value of professional accountants in business.

    For publications and resources related to the roles and domain of professional accountants in business, click here.
    For news and events related to the roles, domain, and competencies of professional accountants in business, click here.

  • Governance and Ethics

    IFAC supports professional accountants in business in providing ethical and strategic leadership for their organizations, including establishing effective governance systems and processes, strategic management and planning, and ensuring an ethical workplace.

    Publications and resources related to governance and ethics
    News and events related to governance and ethics

  • Sustainability and Corporate Responsibility

    IFAC works to support professional accountants in business as change agents and influencers of good practices to integrate sustainability issues into strategy, operations, and reporting to facilitate sustainable economic, environmental, and social performance.

    Publications and resources related to sustainability and corporate reporting
    News and events related to sustainability and corporate reporting

  • Risk Management and Internal Control

    IFAC positions professional accountants in business as integrators to perform significant roles in fostering close links between governance, risk management, and internal control to ensure they are not functional silos and to support the delivery of the strategic, operational, and financial objectives of an organization.

    Publications and resources related to risk management and internal control
    News and events related to risk management and internal control

  • Financial and Performance Management

    Financial and performance management is at the core of what many professional accountants do in their organizations. IFAC supports professional accountants in business to improve decision-making in organizations, including the provision, analysis, and interpretation of information for strategic and operational decision making.

    Publications and resources related to financial and performance management
    News and events related to financial and performance management

  • Business Reporting

    The IFAC Business Reporting and Financial Reporting Supply Chain projects focus on evaluating the state of the business reporting around the globe and providing recommendations for further improvement. The projects lay the groundwork for the development of additional activities to support professional accountants in business to evaluate and improve business reporting in their organizations.

    Publications and resources related to business reporting
    News and events related to business reporting