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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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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
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Infographic looks at the top 10 challenges organizations face in capitalizing on big data.
This illustrates how a CPA can play a key role in technology selection. The solution selection process provides the opportunity to apply common CPA skills, such as data analytics, to support how an organization decides on new software or applications.
This paper paints a picture of how the existing peer review program for firms’ accounting and auditing engagements could be transformed into a technology-driven, near-real time practice monitoring process. The concept as currently envisioned will morph based on feedback from the paper and from pilot participants, and as technology evolves.
Predictive analytics can answer detailed questions that may escape more traditional financial analysis.
This debates how to develop macro reporting metrics that present a more holistic and accurate measure of national progress than gross domestic product (GDP).
This discussion paper presents views and recommendations on how to build the finance function to support growth in SMEs.
CAPA lists eight key elements that are necessary to create a comprehensive and coherent system of PFM.
- BIAC and B20 Turkey Call for Strengthening the Financing of SMEs in Global Value Chains
June 16, 2015 - Business and Industry Advisory Committee to the OECD
- Small Firms Shift toward Cloud-Based Software
June 4, 2015 - Wall Street Journal
- Finance and the Business: Building a Performance Management Framework
April 22, 2015 - CFO Innovation
- Small and Medium Businesses ‘Leaking’ £2.9 Billion Due to Unqualified Finance Staff
March 24, 2015 - Association of Accounting Technicians
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