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IFAC FOCUS AREAS
- Accountability. Now.
- 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
The CFO Series: What Boards Should Expect from CFOs
November 1, 2013 - CPA Canada
This publication focuses on the role of CFOs and their relationship with the boards of directors.
This report uses detailed case studies to present insights from leading organizations on the challenges, solutions, and opportunities for talent management in today’s global finance function.
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 report looks at how the future role of the CFO is expected to evolve and the career experiences likely to be of most benefit to next generation CFOs.
Presents the top 10 technology trends that will have the potential to significantly reshape the business and accountancy landscape.
This Discussion Paper stimulates a global debate on preparing accountants for finance leadership roles, including the CFO. The paper features five principles that highlight the changing expectations, scope, and mandate of the CFO and finance leadership roles and recommends what action professional accountancy organizations and employers can take to prepare professional accountants for career progression to finance leadership.
What can a 1963 lecture on the finance function teach us about being a business partner today? Perhaps a lot more than you would expect! Watch ICAEW's webcast on "Effective business partnering: past, present and future" which covers how to become an effective business partner, dealing with organisational resistance, international differences and how we can learn from history. The webcast provides a combination of practical tips and some broader food for thought
- In Search of Finance and Accounting Talent
August 27, 2015 - CFO.com
- As Regulatory Costs Grow, the Accounting Chief’s Duties Add Up
August 27, 2015 - Wall Street Journal
- How To Stop Managing And Start Actually Leading
August 26, 2015 - Fast Company
- How to Respond When Someone Insults Your Profession
August 20, 2015 - Accounting Web
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