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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 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.
Deloitte (DTTL) and the International Association for Accounting Education and Research (IAAER) launched the Deloitte IAAER Scholarship Programme aiming at supporting better accounting education and improving the quality of financial reporting and auditing.
CFOs should urge their teams to consciously try to overcome these dangerous predispositions.
The evolution of the finance professional is continual. Here are five steps to help members embrace this new age of trusted business advisor.
- CFOs Say Keeping Up with Technology Is No. 1 Concern
June 25, 2015 - Accounting Web
- CFO Workshop by CA Sri Lanka
June 22, 2015 - The Nation
- Making Sense of Technology for CFOs: Sensible Suggestions to Prioritize and Decide
June 18, 2015 - CFO Innovation
- Helen Brand, Chief Executive of ACCA, Comments of the Social Mobility and Child Poverty Commission Report, Non-Educational Barriers to the Elite Professions
June 17, 2015 - ACCA
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