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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.
|Global Knowledge Gateway||
Performance & Financial Management
Professional accountants will use many performance & financial management methods and approaches to help their organization deliver its objectives, goals, targets, and strategies. Performance & financial management encompasses all of the management, process, and behavioral aspects of strategy execution and monitoring performance. Read More
Project and Investment Appraisal for Sustainable Value Creation
August 14, 2013 - IFAC
Helps the accountancy profession facilitate sustainable organizations, financial markets, and economies by taking into account economic, environmental, and social considerations for project appraisal and investment decisions.
Highlights the use of predictive business analytics to identify new opportunities for growth and improvement and areas for corrective actions and strategy adaptations.
Establishes six fundamental principles that can help professional accountants and their organizations to evaluate and improve their approach to costing.
Organizations can motivate and engage newer employees, and build the knowledge of established ones, through reverse mentoring.
This framework demonstrates the five core approaches of culture, care, communication, collaboration and continuation required to support effective cost reduction.
This article highlights 3 basic options when it comes to selecting accounting software.
How an Obsession with Metrics Is Killing Your Company
April 25, 2016 - CFO.com
Three ways to overthrow the tyranny of metrics.
- Are Weaknesses in Your Planning Process Making You Miss Your Target?
April 13, 2016 - CFO Innovation
- High Tech Meets Low Finance
March 14, 2016 - The Economist
- CPA Decision Makers Turn Negative about US Economy
March 4, 2016 - Journal of Accountancy
- PwC Survey Finds Tiny Decrease in Economic Crime
March 1, 2016 - Journal of Accountancy
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