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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
The diversity of the modern workplace and the hurried pace of business provides ample room for social missteps, but adhering to the basic tenants of business etiquette can insulate you from the most egregious offenses.
Given the parallels between elite sport and the world of business, insights from the field of play can help finance professionals operate at the top of their game.
The expansion of finance professionals' roles in an increasingly complex business environment has created the need for more skills development. Find out what new duties finance is taking on-and how accountants can prepare to succeed in those duties.
Here are a few tips to maximize networking opportunities.
A chief financial officer who wants to become CEO must have a non-traditional mindset, says PepsiCo CEO Indra Nooyi, who made a similar transition herself eight years ago. CFOs must be comfortable with strategic decision-making and be able to improvise when necessary, she says.
4 leadership tactics that work for your firm.
- 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
- Doughtie to Become First Female CEO of KPMG in US
April 22, 2015 - Journal of Accountancy
- The Five Influences on Future Finance
April 17, 2015 - City AM
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