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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
Infographic looks at the top 10 challenges organizations face in capitalizing on big data.
3 Ways Accountants Can Use Big Data to Fight Fraud
June 15, 2015 - Accounting Web
Accountants can leverage big data to help combat fraud and possibly fraudulent activities.
n uncertain financial times, keeping it in the family would seem to be a strong business model. So why, asks Xenia Taliotis, do so few family firms make it into the hands of the third generation?
CIPFA thinks this is essential if all key spending and service decisions are to be taken in the context of the current fiscal position, encompassing all assets and liabilities, as well as their impacts on medium to long-term sustainability, and intergenerational equity. Delivering their full potential whole of government accounts.
CPA Canada has developed an executive overview of the Consortium for Advanced Management – International (CAM-I)’s Performance Management Framework (PMF) to help you evaluate and improve organizational performance.
Companies in capital-intensive industries need to get more out of their capital budgets. CFOs can play a critical role.
Survey on the Access to Finance of Enterprises
April 30, 2015 - European Central Bank
Since 2009, the European Central Bank and European Commission have collaborated to assess the latest developments of the financing conditions of firms in the European Union.
- 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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