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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 report sets out how stakeholders must work together in resolving the employability crisis, and shows how we have worked with stakeholders around the world to ensure CGMA designation holders have the knowledge, skills and competencies employers need.
This report discusses the future of the finance function and outlines why broad-based finance qualifications remain valuable and why businesses need finance skills and capabilities across the entire finance value chain.
This study captures the various forces at play that are influencing the experience of Millennial employees.
Presents a balanced picture of the impact of big data on the accountancy and finance professions in the coming 5-10 years by identifying specific opportunities and challenges for the accountancy and finance professions
Over a six-month period, CPA Horizons 2025 sought the insights of CPAs on current and forecasted trends that will likely impact not only the profession but also the world. Through an online survey, 16 in-person forums, and online discussion and focus groups, approximately 5,600 CPAs weighed-in and generated more than 75,000 comments about the current state and future of their profession.
- Great Experiential Learning Is Key to Growing Top Talent
July 25, 2016 - Accounting Today
- US CEOs Back Board Diversity, GAAP Adherence in Reform Push
July 25, 2016 - New York Times
- New IFAC Research Report Demonstrates Positive Association between Business Performance and Use of Accountants
July 22, 2016 - IFAC
- How Blockchain Will Impact Accountants and Auditors
July 22, 2016 - Economia
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