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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
A speech by Dr. Chen Yugui, Vice President ＆ Secretary General of the Chinese Institute of Certified Public Accountants (CICPA) provides information on development of Small-Medium Practices (SMPs) in China.
A speech by Dr. Chen Yugui, Vice President ＆ Secretary General of the Chinese Institute of Certified Public Accountants (CICPA) provides historical background about the accounting profession in China, its progress, and direction.
This edition of "Profession in Focus" features Joseph M. Adams, Managing Partner and CEO at McGladrey LLP. Adams discusses how to attract and retain talent in public company auditing profession, including drivers of change and key messages that younger people need to hear about the profession.
Finance business partnering makes an important contribution to improving decision making and ensuring the sustainable success of business. It also widens the career opportunities for management accountants, providing another route to senior management.
What does it take to make partner?
Firms need planning and persistence to survive on the most competitive battlefield in recent memory for hiring skilled accountants.
18 Highly Successful CFOs Share their Best Piece of Financial Advice
September 25, 2015 - Business Insider
This article shares advice from the CFOs of Twitter, Ford, Home Depot, AT&T, and other top companies.
- US CEOs Back Board Diversity, GAAP Adherence in Reform Push
July 25, 2016 - New York Times
- How Blockchain Will Impact Accountants and Auditors
July 22, 2016 - Economia
- New IFAC Research Report Demonstrates Positive Association between Business Performance and Use of Accountants
July 22, 2016 - IFAC
- Accountants Must Rebrand Themselves
July 21, 2016 - Economia
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