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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
ICAEW’s Finance and Management faculty member Rick Payne looks back fifty years ago to when Shell Oil’s deputy controller, Stanly Harding, gave a lecture on the finance professional’s role in business, and the experts respond, how far has it changed since then.
ISCA has released its survey findings involving 315 CFOs and CFO aspirants in Singapore. The ISCA CFO Survey, conducted by ISCA Research in September 2012, is part of the Institute’s overall CFO strategy to understand the needs of members who are CFOs and CFO aspirants.The findings clearly re-affirm the increasing perception that the CFO’s portfolio has expanded in breadth and depth to beyond technical areas and their existing role as financial stewards, into areas such as strategic business planning and risk management.
This report highlights some significant findings from Grant Thornton’s biannual CFO Survey of CFOs and other senior financial executives across the United States.
This policy paper formulates the current state of the understanding of controlling and the role of a controller.
Looks at when a small business owner should hire a CFO
A large domestic manufacturer’s financial department fixed its bloated ways by applying the principles of lean thinking to its “tried and true” internal systems. Teams helped the company save momney and cut down on waste as well as reduce work hours.
Building effective finance functions is a key concern of organisations and finance professionals. At a time when many claim we face unprecedented challenges, Stanley Harding’s 1963 lecture on the finance function reminds us that there are many lessons we can learn from history. This report reproduces the lecture in full and complements it with expert commentary.
- The Changing Face of Accounting
May 19, 2015 - DNA India
- How CFOs Can Improve Their Collaboration with CIOs
May 11, 2015 - CPA Insider
- CFO to CEO (p. 33)
May 5, 2015 - AccountancySA
- 7 Ways CFOs Can Keep up with Rapid Changes in Technology
May 4, 2015 - Journal of Accountancy
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