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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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In this study, professionals working in and close to the accountancy profession identify 100 drivers of change shaping the landscape for businesses and professional accountants over the next decade.
IMA and ACCA explore future challenges facing the accounting profession on joint website.
According to this survey report, the five issues shaping the destiny of finance are volatility and risk; enterprise strategy supported by smarter finance deliver; an increased emphasis on intangibles in creating value; new technology frontiers; and the quality of talent available to the CFO function.
What does management accounting mean to you? Video shows what professionals have to say.
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?
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.
An article on the CFO role in creating a culture of innovation. Six levers of innovation can help CFOs leverage new business models and technologies to improve efficiency and effectiveness within the finance function and beyond.
- 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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