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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
Sets out the vision of the boards of the NBA Accountants in Business and the Vereniging van Registercontrollers on the roles and responsibilities of the financial professional.
Visiedocument over het beroep van de Financieel Professional (NBA-VRC Vision on the Role of the Finance Professional)
September 26, 2014 - Nederlandse Beroepsorganisatie van Accountants, Vereniging van Registercontrollers
Provides the vision, including a draft competence framework, of the Boards of the Nederlandse Beroepsorganisatie van Accountants en de Vereniging van Registercontrollers on the roles and responsibilities of the finance professional.
A Practical Approach to Measuring Internal Audit Performance
September 17, 2014 - PwC
Building on key findings from PwC’s 2014 State of the Internal Audit Profession study, this paper explores how internal audit functions can leverage metrics to both communicate the value they are providing as well as drive results.
Stepping up from controller to CFO.
This suggests ways the finance function can improve current approaches to business partnering. It proposes nine pragmatic actions to improve partnering practices anchored in three core component parts: creating the mandate, fixing the information and deploying the talent.
This gradual transformation of the accounting profession leads to two important questions related to competencies: Which competencies are important for success in accounting today? Were these competencies consciously developed as part of your accounting degree program?
A compliation of free massive open online business courses from around the world.
- The Changing Face of Accounting
May 19, 2015 - DNA India
- How CFOs Can Improve Their Collaboration with CIOs
May 11, 2015 - CPA Insider
- 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
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