The IFAC 2016-2018 Strategic Plan highlights the unique position and economic benefits of IFAC’s activities and how these activities respond to macro trends with significant implications for the profession.
IFAC 2016-2018 Strategic Plan
IFAC's annual report details the activities it has undertaken over the past year to fulfill its mission and the extent to which it has met its strategic objectives.
The 2016 IFAC Annual Report explains our approach to IFAC’s strategic and operational priorities—with the aim of leveraging our global advantage in a targeted manner, and allocating our substantial staff talent and experience to the greatest extent possible. Our equation for IFAC’s success is laid out in our business model, which consists of five operating lines:
- supporting standard setting for a globalized world;
- enhancing quality to strengthen our profession;
- building capacity for the profession;
- positioning accountants for success; and
- influencing policy and public debate.
Within this framework, this Annual Review 2016 discusses our operating environment, explains our strategic response and future direction, and demonstrates our performance and achievements. Along with our Financial Statements, the Annual Review comprises our suite of reporting for the year ended December 31, 2016.