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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
Provides leaders with great insight about driving inclusive behavior and thinking which translate into future business success.
Female leaders also display the traditional male characteristics of persuasiveness, assertiveness and willingness to take risks.
A good leader recognises that part of the job is developing the next generation of leaders, ensuring the organisation doesn’t miss a beat when the boss moves into another role or into retirement.
Awareness of 10 traits should improve your process and help you avoid falling into some common traps.
If you are a young CPA with aspirations—whether your goal is to take on a leadership role, move into management or simply make your current role align more with your vision of the future—there is an approach you can take that will help you get ahead without having to say yes all of the time. It’s called “managing up.”
The CFO's role has undergone significant changes in recent years, and that is expected to continue during the next decade, writes Bruce Nolop, former CFO for Pitney Bowes and E-Trade Financial. CFOs of the future will focus on strategy, have a global perspective and stellar communication skills.
Competent and Versatile: How Professional Accountants in Business Drive Sustainable Success
- Finance and Accountancy Salaries to See Above-average Rise
November 23, 2015 - Economia
- Are You Giving–and Receiving–the Best Feedback on Career Development?
November 12, 2015 - CFO Innovation
- IFAC Study Shows Accountancy Strongly Linked to Prosperity, Improved Living Standards
November 12, 2015 - IFAC
- Top 9 Qualities of an Accounting Supervisor
November 10, 2015 - Accounting Web
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