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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.
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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.
This report presents the outcomes of a survey aimed at identifying the wishes and needs of professional accountants in business, including their characteristics, connectedness, motives for membership and what they think the designation of ‘accountant’ represents.
This report identifies the stakeholders and methods they can employ alone or in concert with others, especially professional accountancy organizations, to attract and retain finance personnel in the public sector.
This report examines the changes that will impact the environment and competencies you will need as professional accountants in years to come.
This report highlights BIAC's statement to the OECD ministerial council meeting in 2016.
A recent report from CFO Research suggests five actions to prepare finance professionals for the future.
- 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
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