New PAIB Advisory Group report explores key global trends impacting professional accountants as CFOs and Business Leaders
Professional accountants must think disruptively to help their organizations respond to unprecedented challenges and uncertainty. IFAC’s Professional Accountants in Business (PAIB) Advisory Group explores how professional accountants add value to theirorganizations and to society. A new report, Global Priorities for Professional Accountants in Business and the Public Sector, compiles key insights and learnings from the advisory group’s recent meeting.
The report features the accountant’s and the profession’s role in:
- Inflation and the supply chain crunch
- The Circular Economy
- Enabling an integrated mindset in business
- Audit committees andaddressing new responsibilities
- Enabling an effective public sector finance workforce
Sanjay Rughani, IFAC PAIB Advisory Group Chair, said: “We need to think differently to drive sustainability and create value during this time of deep uncertainty and unprecedented trading and economic conditions. By sharing our learnings as a global profession, we can support professional accountants to engage in higher value actions and inform strategic decisions.”