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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
This debates how to develop macro reporting metrics that present a more holistic and accurate measure of national progress than gross domestic product (GDP).
A Practical Approach to Measuring Internal Audit Performance
September 17, 2014 - PwC
Building on key findings from PwC’s 2014 State of the Internal Audit Profession study, this paper explores how internal audit functions can leverage metrics to both communicate the value they are providing as well as drive results.
Let Algorithms Decide – and Act – for Your Company
September 10, 2014 - Harvard Business Review
Advances in predictive modeling mean that algorithms can be cheaply deployed with more automation to help companies predict demand for their entire product line, writes Bill Franks.
This article looks at what businesses can do to protect their networks from cyber security breaches.
In a new paper on the subject of business growth titled Building the Finance Function in Growing Businesses, ACCA’s Global Forum for SMEs makes clear recommendations for SME finance chiefs.
Understanding how to apply an analytics framework to business processes can move data from being informative into actionable insights.
Finance professionals can play a vital role in the development and growth of SMEs. ACCA's research demonstrates how business growth in small businesses is linked to the capabilities of the in-house finance function.
- 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
- Dedicated Site Highlights Value That CPAs Can Provide to Small Business Owners
February 11, 2015 - American Institute of CPAs
- Transparent Trade Policies, Stable Exchange Rate Key to Attract FDI
November 17, 2014 - Pakistan Observer
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