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IFAC FOCUS AREAS
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- 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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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.
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.
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.
Finance Transformation: A Lean Approach to Increase Value
July 1, 2013 - PwC
This report considers how a “lean approach” can help transform the back office to achieve and sustain process excellence.
This policy proposal maps out a three-stage reform process to accelerate financial discipline across the UK central government (Whitehall) and calls on politicians from all political parties to adopt certain actions.
- 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
- ACCA Calls for Increase in Gender Diversity to Boost Business Performance
March 12, 2015 - Association of Chartered Certified Accountants
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