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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
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.
The latest pension reforms represent the most fundamental change to the way people in the UK can access their pension savings in almost a century. ICAEW’s Financial Services Faculty in association with the Prudential issues new guide to help professional accountants get to grips with the changes.
An all-in-one, one-for-all formula to determine R&D’s productivity can help companies see how well the function is performing.
Finance and the Business: Building a Performance Management Framework
April 17, 2015 - CFO Innovation
Five action steps that, if managed well, could help in creating a strong performance management framework within an organization.
This fourth edition monitors SMEs’ and entrepreneurs’ access to finance in 34 countries over the period 2007-13, across an expanded array of indicators, including debt, equity, asset-based finance and framework conditions. The report aims to provide a comprehensive framework for policy makers and other stakeholders to evaluate the financing needs of SMEs.
For many companies, performance management is being reinvented for a new, forward-looking purpose: to serve as an efficient, focused business process that helps improve employee engagement and drives business results.
- 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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