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Aug 01, 2006
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IFAC Publishes Collection of Award-Winning Articles on Finance and Management Accounting Topics
The Professional Accountants in Business (PAIB) Committee of the International Federation of Accountants (IFAC) has released its 2006 Articles of Merit, a collection of award-winning international articles on topics such as performance measurement, sustainability and corporate social responsibility, and the changing roles of accounting and finance professionals. This collection includes 10 previously published articles that were selected by the PAIB Committee as part of its annual Articles of Merit Award Program for Distinguished Contribution to Management Accounting.
The winning article for 2006 is "Performance Measures in Supply Chains" by Kim Langfield-Smith and David Smith, which was first published in CPA Australia's Australian Accounting Review. The article examines the benefits and challenges of supply chain management. Other articles of outstanding merit were first published in the American Institute of Certified Public Accountants' Journal of Accountancy; the Chartered Institute of Management Accountants' (UK) Financial Management; CMA Canada's CMA Management, CPA Australia's Australian Accounting Review; the Institute of Chartered Accountants in England and Wales' Performance Measurement, Finance & Management Special Report; and the Institute of Management Accountants' (US) Strategic Finance.
The 2006 Articles of Merit, together with past issues, may be downloaded from the IFAC online bookstore: http://www.ifac.org/store. The PAIB Committee serves IFAC member bodies and the more than one million professional accountants worldwide who work in commerce, industry, the public sector, education, and the not-for-profit sector. Its aim is to enhance the profession by encouraging and facilitating the global development and exchange of knowledge and best practices.
IFAC is the worldwide organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC's current membership consists of approximately 160 professional accountancy bodies in 120 countries, representing more than 2.5 million accountants in public practice, education, government service, industry and commerce. IFAC, through its independent standard-setting boards, sets international standards on ethics, auditing and assurance, education, and public sector accounting. Through its Professional Accountants in Business Committee, IFAC also issues guidance to encourage high-quality performance by professional accountants in business.