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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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Project and Investment Appraisal for Sustainable Value Creation
August 14, 2013 - IFAC
Helps the accountancy profession facilitate sustainable organizations, financial markets, and economies by taking into account economic, environmental, and social considerations for project appraisal and investment decisions.
Highlights the use of predictive business analytics to identify new opportunities for growth and improvement and areas for corrective actions and strategy adaptations.
Establishes six fundamental principles that can help professional accountants and their organizations to evaluate and improve their approach to costing.
An article, based on the Harvard Business Review's (HBR) feature on Alexander Osterwalder’s business model, that looks at how SMEs might approach the development of their strategy.
The ICAEW's selection of books, articles, links and guides offer information on all aspects of managing business performance, including the balanced scorecard, benchmarking and total quality management.
Professor Robin Jarvis discusses the importance of financial management and performance measures.
The CPA Ireland Business Tracker is a web application that automatically calculates financial ratios.
- 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
- Leveraging Islamic Finance Promotes Growth and Prosperity of Small Businesses
November 9, 2015 - World Bank Voices
- Growing the Funding Flow
November 9, 2015 - ACCA
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