Preparing Future-Ready Professionals

Enabling Purpose Driven Organizations

May 19, 2021

Insights from IFAC's Professional Accountants in Business Advisory Group

 

Purpose, people, profitability, and the planet must be considered in the evaluation of business success.

At its March 2021 virtual meeting, IFAC’s Professional Accountants in Business Advisory Group considered the key global trends impacting the future readiness of the accountancy profession. The report, Enabling Purpose Driven Organizationssummarizes the key insights and learnings from the discussions amongst this global group of business and finance leaders, drawing from their diverse experiences and expertise. The accountant’s role in value creation, sustainability, and tackling climate change were key topics of discussion, as well as the rapidly changing face of the finance function due to accelerated digitization in procurement and supply chain, and the changing nature of work and remote finance. 

The PAIB Advisory Group has also been exploring public sector and PAIB priorities post COVID-19. Members of the PAIB Advisory Group working in the public sector participated in IFAC’s recent global public sector roundtable, From Crisis to Recovery: Public sector priorities to support COVID-19 recoverywhich focused on how PAIBs have been a key part of the frontline response to the pandemic, helping governments and other public sector organizations direct emergency expenditure to priority areas, and reinforce trust in public services and spending amidst heightened demand for transparency and accountability. 

“It is important we continue to drive forward the key areas of the PAIB agenda and share our learnings across the global accountancy profession. Together, we can enable a PAIB-relevant profession that is attractive to the new generation entering the workforce,” says Sanjay Rughani, IFAC PAIB Advisory Group Chair.

 

 
 

Case Studies & Additional Insights

May 17, 2021 | Presentation by Nigel Blakeway, Managing Executive Officer, OMRON Corporation, Chairman, OMRON Management Centers of America, Europe & Asia Pacific, CEO, OMRON Management Center of America and Tsutomu Igaki, Executive Officer | Global Investor & Brand Communications

May 17, 2021 | Presentation by Mustamir Mohamad, Group CFO, Sime Darby Berhad

  
 

Join the Conversation

To leave a comment below, login or register with IFAC.org

 

Thank you for your interest in our publications. These valuable works are the product of substantial time, effort and resources, which you acknowledge by accepting the following terms of use. You may not reproduce, store, transmit in any form or by any means, with the exception of non-commercial use (e.g., professional and personal reference and research work), translate, modify or create derivative works or adaptations based on such publications, or any part thereof, without the prior written permission of IFAC.

Our reproduction and translation policies, as well as our online permission request and inquiry system, are accessible on the Permissions Information web page.

For additional information, please read our website Terms of Use. ALL RIGHTS RESERVED.

Agree