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IFAC FOCUS AREAS
- Accountability. Now.
- 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.
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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
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The PAIB Committee published this paper to support the global accountancy profession in responding to changing expectations of society, financial markets, and organizations, and promotes the value of professional accountants in business to their organizations.
According to this survey report, the five issues shaping the destiny of finance are volatility and risk; enterprise strategy supported by smarter finance deliver; an increased emphasis on intangibles in creating value; new technology frontiers; and the quality of talent available to the CFO function.
Get Your AAAs in Gear Staying Ahead of Targeted Cyber Attacks
February 3, 2015 - Accountancy Ireland
The CFO's role in the battle against cyber-crime
This Statement on the Role of the CFO in Public Service Organisations sets out an overarching principles-based framework that is intended to apply to all public service organisations and their CFOs, irrespective of where they work.
This report asks a simple question: are finance shared service and transformation roles valuable in the career path to becoming a CFO?
This report is the output from the four expert panel meetings, drawing upon the discussions in those meetings and short case studies of good practice provided by panel members. It is intended to support accounting officers, permanent secretaries and boards in addressing some of the challenges they face.
The purpose of the Principles is to support organizations in benchmarking and improving their management accounting systems. The Principles help the public and private sectors make better decisions, respond appropriately to the risks they face and protect the value they generate.
- The Changing Face of Accounting
May 19, 2015 - DNA India
- How CFOs Can Improve Their Collaboration with CIOs
May 11, 2015 - CPA Insider
- CFO to CEO (p. 33)
May 5, 2015 - AccountancySA
- 7 Ways CFOs Can Keep up with Rapid Changes in Technology
May 4, 2015 - Journal of Accountancy
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