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IFAC FOCUS AREAS
- Accountability. Now.
- Adoption of International Standards
- 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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This tool will focus on management tools and techniques for mitigating market-oriented financial risks, including three commonly used approaches to quantifying financial risks.
This CGMA report outlines how best practice in decision making is shifting towards an insight-driven process based on the rational interpretation and understanding of data.
This list tools used by management accountants and outline how they can benefit the majority of organizations, regardless of size or sector.
The CGMA cost transformation model is designed to help businesses to achieve and maintain cost competitiveness.
Video discusses the importance of variance analysis in an organization's performance measurement system.
It's no longer just about numbers or quarterly reports - which means a lot is asked of the finance team.
This report explores the emergence of the open workforce, and the dramatic implications for how tomorrow’s market leaders will govern the open organisation of the future. It also outlines the steps CGMAs and organisations can take to stay ahead in the era of the open workforce.
- Where Machines Could Replace Humans—and Where They Can't (Yet)
July 12, 2016 - McKinsey&Company
- Automation and Your Career: McKinsey Predicts Your Destiny
July 11, 2016 - Forbes
- How Blockchain Will Change Business Transactions
June 2, 2016 - Accounting Today
- Is Bitcoin Really Money? Economics Professor Says ‘No’ in Landmark Criminal Case
June 1, 2016 - International Business Times
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