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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
We’re often told how to achieve success in the business world, but defensive strategies are important too. David Mellor shares his golden rules for making sure your enterprise survives
The Global Entreprise Registration index intends to promote the use and improvement of business registration services worldwide, by allowing easy access to online systems and by facilitating the exchange of experience and best practices among governments.
The purpose of the Principles is to support organizations in benchmarking and improving their management accounting systems. The Principles help the public and private sectors make better decisions, respond appropriately to the risks they face and protect the value they generate.
How to Ensure Small Business Efficiency: A Checklist
October 22, 2014 - Startups
Four questions every start-up owner should consider to run a lean, effective and ultimately profitable business
This report shows that a range of business challenges, particularly those relating to cash flow, have eased for SMEs in the second review period, with SMEs in the Middle East and Western Europe leading the way.
Companies often shy away from the method because they fear it or believe it means “budgeting from zero.” In reality, it’s a structured process that can build a culture of cost management.
Inflation and Indivisible Investment in Developing Economies
October 2, 2014 - World Bank
The World Bank research suggests that inflation may disproportionately discourage investment among SMEs
- 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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