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IFAC FOCUS AREAS
- Accountability. Now.
- Adoption of International Standards
- Developing the Global Profession
- Global Representation and Advocacy
- Professional Accountants in Business
- Small and Medium Practices
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.
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Finance Leadership & Development
Professional accountants need to respond to the continually changing expectations of their organizations, the financial markets, and society. In addition, many accountants aspire to finance leadership roles, such as chief financial officer (CFO). As a result, they must fulfill their traditional responsibilities, while increasing their support of strategic and operational decision-making. Through education, life-long learning, and development, they must acquire the right mixture of skills, experiences, and attitudes, including leadership, strategy, business, management, and interpersonal skills. Read More
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This guidance will help employees recognize and confidently resolve ethical dilemmas that can arise as part of their day-to-day work.
This module from Harvard ManageMentor provides guidance on what to expect during transition from team member to manager.
Robert Half and the American Institute of CPAs (AICPA) surveyed accounting and finance staff to learn what motivates them in the workplace. The survey results provide essential insights into what factors make employees want to build a career with a company.
This guidance paper is aimed at audit committees and boards, on the provision of greater assurance and transparency in KPI reporting. The guidance includes a series of characteristics and criteria that committees and boards can refer to during the KPI selection process.
Ethics Education Toolkit Study Guides
February 20, 2015 - International Accounting Education Standards Board
The five scenarios of the “Ethics In Business” guidance illustrates the use of an ethical decision-making model that assists in developing learners’ ethical judgment.
Considers the human perspective and reaction to change, particularly with projects focused on the implementation of new systems: How and why do individuals typically respond to change in the work environment, and what can be done to ease the impact when negative reactions occur?
The CGMA Finance Impact Tool is a comprehensive, systematic assessment of an organisation’s finance activities.
- Where the Accounting Profession Is Headed and What to Do about It
October 5, 2016 - Accounting Web
- Agility, Adaptability to Be an Important Key for CFOs
September 29, 2016 - Khaleej Times
- From CFO to CEO: Being Less Conscientious May Be the Better Path to Success
September 9, 2016 - CFO Innovation
- What Kind of Leader Are You?
September 9, 2016 - ICAS
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