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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
What can a 1963 lecture on the finance function teach us about being a business partner today? Perhaps a lot more than you would expect! Watch ICAEW's webcast on "Effective business partnering: past, present and future" which covers how to become an effective business partner, dealing with organisational resistance, international differences and how we can learn from history. The webcast provides a combination of practical tips and some broader food for thought
It’s said to be of questionable value. But a liberal arts education can provide a vital advantage in a finance career, as four CFOs found.
Finance Transformation: A Lean Approach to Increase Value
July 1, 2013 - PwC
This report considers how a “lean approach” can help transform the back office to achieve and sustain process excellence.
An article on the CFO role in creating a culture of innovation. Six levers of innovation can help CFOs leverage new business models and technologies to improve efficiency and effectiveness within the finance function and beyond.
This policy proposal maps out a three-stage reform process to accelerate financial discipline across the UK central government (Whitehall) and calls on politicians from all political parties to adopt certain actions.
Drawing on studies of executives and leaders of finance teams, The Traits of Today's CFO develops a picture of the contemporary and future controller and CFO and tells you how to powerfully perform in these roles. Includes checklists, self-assessments, position descriptions, coaching exercises, and other practical tools to make this book useful to your work now and your own evolving career.
Research by Robert Half highlights a new skills gap for finance departments that want to make the transition from traditional accounting roles to ones that help other departments optimize performance, make better business decisions, and improve risk management.
- 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
- Shifting Gears by CFOs in Pakistan Perspective
March 16, 2015 - Pakistan Today
- ACCA Calls for Increase in Gender Diversity to Boost Business Performance
March 12, 2015 - Association of Chartered Certified Accountants
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