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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
Managing Business Growth: Expert Advice for Small Businesses
January 26, 2015 - The Guardian
A panel of experts explained how to cope with rapid expansion
CFOs need to invest in financial planning and analysis to get the biggest bang from Big Data.
In the second of a three-part series about running your own business, we look at how basic finance skills are vital, even with an accountant on-side.
What are the three aspects of business analytics and 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.
Finance Skills Are Essential for Any Business Owner
January 7, 2015 - AAT
Understanding basic finance skills can help business owners get more from their accountant, making the difference between success and failure. In the first of a three-part series focusing on skills to run your own business, we look at small business success stories.
How do you develop and use leading indicators? Here is a 4-step process to help you.
- 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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