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IFAC FOCUS AREAS
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- Global Representation and Advocacy
- Professional Accountants in Business
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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.
|Global Knowledge Gateway||
Performance & Financial Management
Professional accountants will use many performance & financial management methods and approaches to help their organization deliver its objectives, goals, targets, and strategies. Performance & financial management encompasses all of the management, process, and behavioral aspects of strategy execution and monitoring performance. Read More
by Gary Cokins, CPIM, Analytics-Based Performance Management LLC | November 30, 2015 |
The third article of a four-part series is based on the book, Activity-Based Cost Management in Government, author Gary Cokins describes the benefits of a multiple-stage approach that more closely models the actual flow of costs through an organization. Read More
A Simple Way to Understand ABC/M for the Public Sector: Part II
by Gary Cokins, CPIM, Analytics-Based Performance Management LLC | November 16, 2015 |
The modern movement toward managing with a process view has created a growing need for activity-based cost management (ABC/M), which facilitates better managerial and costing data.
ICAS’ recent paper, Towards Transparency, represents the next stage in ICAS’ contribution to the debate over the future of assurance in annual reports, specifically for KPIs. Read More
Improving Public Sector Financial Management: The Eight Key Elements of PFM Success
by Brian Blood, Chief Executive, Confederation of Asian and Pacific Accountants | October 5, 2015 |
In a video, the Confederation of Asian and Pacific Accountants’ Chief Executive discusses the organization’s new guide to help professional accounting organizations engage with their governments to assess and improve successful public sector financial management. Read More
Help Shape the Guide to Management Accounting Principles
by Stathis Gould, Head of Professional Accountants in Business, IFAC | September 25, 2015 |
The British Standards Institute is looking for your input and feedback on its guide to management accounting principles. Read More
- Consultants Underperform Finance Staff on Decision Support
January 8, 2016 - CFO.com
- EU Associations Trio Strongly Involved with SMEs Forge Common CMU Position
November 25, 2015 - Fédération des Experts-comptables Européens – Federation of European Accountants
- IFAC Study Shows Accountancy Strongly Linked to Prosperity, Improved Living Standards
November 12, 2015 - IFAC
- Align Finance, Operations to Improve Working Capital
November 11, 2015 - CFO.com
- Project and Investment Appraisal for Sustainable Value Creation
August 14, 2013 - IFAC
- Predictive Business Analytics: Improving Business Performance with Forward-Looking Measures
November 13, 2011 - IFAC
- Evaluating and Improving Costing in Organizations
June 30, 2009 - IFAC