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The recent financial and economic crises exposed many corporate governance weaknesses—but, at the same time, they created momentum for change. Effective governance encourages better organizational decision-making, accountability, and robust scrutiny of organizational performance. Accountants are in an excellent position to ensure that governance is integrated into the very DNA of their organizations, which has been identified as critical to its effectiveness. Read More
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This Discussion Paper stimulates a global debate on preparing accountants for finance leadership roles, including the CFO. The paper features five principles that highlight the changing expectations, scope, and mandate of the CFO and finance leadership roles and recommends what action professional accountancy organizations and employers can take to prepare professional accountants for career progression to finance leadership.
Breakthrough: Business Leaders, Market Revolutions
March 5, 2013 - Volans
A manifesto to help move toward breakthrough change toward a resource efﬁcient, low carbon, and sustainable economic system. References the growing numbers of business leaders that are helping the business case for market revolutions in such areas as accounting, valuation, and economics.
From Strategic Finance magazine, evaluation of three high-profile examples of companies with poor tone at the top—Groupon, Chesapeake Energy, and Enron.
Analyzes how professional accountants in business can support their organizations and increase performance by integrating governance into the key drivers of sustainable organizational success. Using case studies from around the world, the report illustrates how good governance is about more than the protection of stakeholders' interests or compliance with regulatory requirements.
A business framework for the governance and management of enterprise IT that allows managers to bridge the gap between control requirements, technical issues, and business risk.
Evaluating and Improving Governance in Organizations
January 31, 2009 - IFAC
Includes a framework-consisting of a series of fundamental principles, supporting guidance, and references-for how professional accountants can contribute to evaluating and improving governance in organizations.
August 16, 2014 - The Economist
July 28, 2014 - The Nation
July 3, 2014 - IFAC and CIPFA
June 24, 2014 - Public Finance International
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