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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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A Better Way to Understand Internal Rate of Return
November 6, 2015 - McKinsey & Company
Investments can have the same internal rate of return for different reasons. A breakdown of this metric in private equity shows why it matters.
Companies in capital-intensive industries need to get more out of their capital budgets. CFOs can play a critical role.
An all-in-one, one-for-all formula to determine R&D’s productivity can help companies see how well the function is performing.
Companies that improve the performance of their working capital can generate cash and see benefits far beyond the finance department.
Looks at the application of data analytics to marketing and how a strong relationship between CFOs and chief marketing officers can improve the return on investment of marketing activities
Looks at how new management structures, roles, and divisions of labor can all be part of the solution to leadership-capacity constraints.
- Financial Planning and Analysis: Selecting the Right Organizational Model
August 3, 2016 - CFO Innovation
- Welcome to the New Age of Uncertainty
August 1, 2016 - Guardian
- How Blockchain Will Impact Accountants and Auditors
July 22, 2016 - Economia
- Where Machines Could Replace Humans—and Where They Can't (Yet)
July 12, 2016 - McKinsey&Company
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