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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
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In It to Win It: What Leading Finance Functions Are Doing Differently
August 11, 2015 - PwC
What are the characteristics of the finance functions leading the pack?
This paper outlines examples of how work is evolving and make suggestions for updates to curriculum to help students be prepared.
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.
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.
How can CFOs Lead and Change through These Challenging Times?
November 1, 2010 - PwC
This article identifies and help clarifies the new role of leading CFOs and provides recommendations to CFOs on building a proactive finance organization.
Is Finance Rising to the Challenge: Finance Effectiveness Benchmark Study
November 1, 2010 - PwC
This report examines whether finance team are equipped to provide the levels of strategic insight, risk oversight, and other key aspects of the “business partnering” role now expected by many CEOs.
The paper discusses a new perspective on the role of the chief financial officer and provides help to CFOs to assess their readiness.
- 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
- Beware of Your Duties
November 5, 2015 - The Accountant
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