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IFAC FOCUS AREAS
- Accountability. Now.
- Developing the Global Profession
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- 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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Managers and boards continuously see advances in technology offering potential business advantages, but also raising issues and risks. This report focuses in particular on cloud computing
This report reveals 4 ways accountants can become more involved in the strategic management process.
Understanding how to apply an analytics framework to business processes can move data from being informative into actionable insights.
This paper investigates how management accounting and control practices change in listed Chinese state-owned enterprises following initial public offerings to stock exchanges.
Examines the financial performance of state owned enterprises in emerging economies, with specific reference to Pakistan Rail, and highlights the factors that have contributed to its poor financial performance.
Understanding the outcomes of various elements of management control systems (MCS) will help us to better focus the analysis of MCS packages. In attempting to come up with different MCS configurations, this study explores the various MCS elements and sheds some light on the interplays and links of different controls.
This report shows how leading organisations have transformed their finance functions to help improve their business’ performance. New analysis of survey data conducted by the CIMA centre of excellence at the University of Bath school of management finds that SMEs have not transformed their finance functions, and do not engage management accountants to support decision making to the same extent as leading organisations.
- Consultants Underperform Finance Staff on Decision Support
January 8, 2016 - CFO.com
- EU Associations Trio Strongly Involved with SMEs Forge Common CMU Position
November 25, 2015 - Fédération des Experts-comptables Européens – Federation of European Accountants
- IFAC Study Shows Accountancy Strongly Linked to Prosperity, Improved Living Standards
November 12, 2015 - IFAC
- Align Finance, Operations to Improve Working Capital
November 11, 2015 - CFO.com
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