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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
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Examines the finance function of high-growth businesses and how this has evolved, providing practical guidance to high potential businesses on how to harness the full potential of the finance function.
In 2014, ACCA conducted a review of the widespread problem of late payment; a life-threatening challenge for many businesses globally. This review bought together recent ACCA research with the experience of ACCA members and other finance professionals to examine potential solutions.
Manos Schizas discusses the Financing Futures project – a groundbreaking study of how small businesses might be financed in the far future.
Manos Schizas introduces ACCA’s research into trade credit and the search for ways of overcoming late payment.
ACCA´s review of the state of business finance is an ambitious global investigation into the challenges faced by businesses when trying to raise finance and the ways in which finance professionals in industry, practice, and financial services help them along the way.
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.
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.
- Don't Call it AI: Put away Your Fears of Artificial Intelligence. Assistive Intelligence is the Future.
August 14, 2015 - Fast Company
- 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
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