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IFAC FOCUS AREAS
- Accountability. Now.
- Adoption of International Standards
- Developing the Global Profession
- Global Representation and Advocacy
- Professional Accountants in Business
- Small and Medium Practices
Independent Standard-Setting Boards
The International Auditing and Assurance Standards Board sets high-quality international standards for auditing, assurance, and quality control that strengthen public confidence in the global profession.
The International Accounting Education Standards Board establishes standards, in the area of professional accounting education, that prescribe technical competence and professional skills, values, ethics, and attitudes.
The International Ethics Standards Board for Accountants sets high-quality, internationally appropriate ethics standards for professional accountants, including auditor independence requirements.
The International Public Sector Accounting Standards Board develops standards, guidance, and resources for use by public sector entities around the world for preparation of general purpose financial statements.
|Global Knowledge Gateway||
Finance Leadership & Development
Professional accountants need to respond to the continually changing expectations of their organizations, the financial markets, and society. In addition, many accountants aspire to finance leadership roles, such as chief financial officer (CFO). As a result, they must fulfill their traditional responsibilities, while increasing their support of strategic and operational decision-making. Through education, life-long learning, and development, they must acquire the right mixture of skills, experiences, and attitudes, including leadership, strategy, business, management, and interpersonal skills. Read More
by L. Gary Boomer, Visionary & Strategist, Boomer Consulting, Inc. | September 19, 2016 |
Small- and medium-sized practices should build their future upon adapting the mindsets, skillsets, and toolsets in their firms. Read More
Where Machines Could Replace Accountants—and Where They Can't (Yet)
by Paul Thompson, Consultant | September 6, 2016 |
Technology poses a threat to the accountancy profession as automation could replace much of the work accountants do, according to experts—the profession must accelerate its move into tasks and activities less susceptible to automation such as advisory services. Read More
The Role of Accounting in Powering Economic Prosperity in Asia
by Brian Blood, Chief Executive, Confederation of Asian and Pacific Accountants and Jackie Poirier, President, Confederation of Asian and Pacific Accountants | September 2, 2016 |
The second Financial Reform for Economic Development forum asked participants to consider what robust public financial management actually means, how it can be achieved, and what we can learn from past experience. Read More
Attracting and Retaining Finance Personnel: An Urgent Challenge for the Public Sector
by Brian Blood, Chief Executive, Confederation of Asian and Pacific Accountants | August 16, 2016 |
Recent publications from the Confederation of Asian and Pacific Accountants address the significant challenge of finding the right finance personnel in the public sector. Read More
Women should create their own opportunities and act as role models for others as they establish themselves in accountancy. Read More
- Where the Accounting Profession Is Headed and What to Do about It
October 5, 2016 - Accounting Web
- Agility, Adaptability to Be an Important Key for CFOs
September 29, 2016 - Khaleej Times
- From CFO to CEO: Being Less Conscientious May Be the Better Path to Success
September 9, 2016 - CFO Innovation
- What Kind of Leader Are You?
September 9, 2016 - ICAS
- Competent and Versatile: How Professional Accountants in Business Drive Sustainable Success
August 1, 2011 - IFAC