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IFAC FOCUS AREAS
- Accountability. Now.
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- Professional Accountants in Business
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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 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.
It’s said to be of questionable value. But a liberal arts education can provide a vital advantage in a finance career, as four CFOs found.
The report examines the vital role that accountants will play in the EU and its member states’ economic recovery process.
This report provides a high level view of some key areas of the transforming finance organization based on global research campaigns over the period 2008 to 2011.
A report based on CIMA and the AICPA global interviews and roundtables to capture the changing requirements in skills, experience, and behaviors needed to progress within finance and into the wider business. The insights from the senior professionals provide a basis for identifying the challenges and opportunities for CGMA designation holders and an action plan that developing management accountants should consider for progression.
Practical guidance to those wanting to progress to the next stage in their careers, and the checklist designed to help you evaluate and plan your career advancement to a leadership or non-technical role.
This research discusses the new skills needed for the role of finance, as well as where will the transformation will take the finance function in the years ahead.
- 7 Ways CFOs Can Keep up with Rapid Changes in Technology
May 4, 2015 - Journal of Accountancy
- Doughtie to Become First Female CEO of KPMG in US
April 22, 2015 - Journal of Accountancy
- The Five Influences on Future Finance
April 17, 2015 - City AM
- Shifting Gears by CFOs in Pakistan Perspective
March 16, 2015 - Pakistan Today
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