International Accountancy Organizations Launch New Global Resource for Professional Accountants in Business

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    Oct 02, 2006
    New York

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    International Accountancy Organizations Launch New Global Resource for Professional Accountants in Business

    The International Federation of Accountants (IFAC) has collaborated with its member organizations to develop IFACnet - A KnowledgeNet for Accountants in Business (www.ifacnet.com). This new global resource will provide one-stop access to leading-edge articles, good practice guidance, and tools and techniques for accountants employed in commerce, industry, the public sector, education, and the not-for-profit sector.

    "Many of our member bodies develop high quality guidance and other materials that can assist professional accountants in business in keeping up with the changing environment in which they operate, maintaining their skills, and making informed decisions," states IFAC Chief Executive Ian Ball. "This new resource, developed under the leadership of our Professional Accountants in Business (PAIB) Committee, facilitates the sharing of that information among IFAC's 160 member organizations and professional accountants worldwide."

    "Users of IFACnet will find relevant information on a wide range of financial and management accounting topics, including strategy, budgeting and planning, corporate governance, risk management, and professional development emphasis," points out Bill Connell, Chair of the IFAC PAIB Committee.

    Thirteen accountancy organizations (see below) together with IFAC currently participate in the KnowledgeNet by sharing their electronic resources through IFACnet; others will be coming on board in the coming months. In addition, during the first quarter of 2007, the KnowledgeNet will be expanded to serve the needs of small and medium practices and, by the end of 2007, will offer customized information for broader audiences of accountants.

    IFACnet uses advanced technology specifically tailored to the accountancy profession. It carefully indexes, filters and sifts all the best and most relevant items of information available for accountants in business worldwide so they can be delivered on demand to IFACnet.com users. The technology supporting IFACnet has been developed by Indez, a software company based in Glasgow, Scotland. It features an enterprise search engine that is based on patented search technology. There is no fee to use IFACnet, although certain search results may identify documents or publications available for purchase.

    About IFAC

    IFAC is the worldwide organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC's current membership consists of approximately 160 professional accountancy bodies in 120 countries, representing more than 2.5 million accountants in public practice, education, government service, industry and commerce. IFAC, through its independent standard-setting boards, sets international standards on ethics, auditing and assurance, education, and public sector accounting. Through its Professional Accountants in Business Committee, IFAC also issues guidance to encourage high-quality performance by professional accountants in business.


    Notes: * Media are invited to use this new resource and comments are welcomed. ** Quotes from Chief Executives and other representatives of accountancy organizations worldwide are attached. IFAC Member Bodies Providing Resources for IFACnet American Institute of Certified Public Accountants Association of Chartered Certified Accountants Chartered Institute of Management Accountants CMA Canada CPA Australia Hong Kong Institute of Certified Public Accountants Institute of Certified Public Accountants in Ireland Institute of Chartered Accountants in England & Wales Institute of Chartered Accountants in Ireland Institute of Chartered Accountants of India Institute of Management Accountants Koninklijk Nederlands Instituut van Registeraccountants (Royal NIVRA) Malaysian Institute of Accountants Participating Organizations Key Communications Contacts American Institute of Certified Public Accountants Joel Allegretti Director, Media Relations jallegretti@aicpa.org Tel: +1 212 596 6111 Association of Chartered Certified Accountants Andrew Silverman Director - Communications and Public Affairs andrew.silverman@accaglobal.com Tel: +44 20 7059 5521 Chartered Institute of Management Accountants Katie Scott Senior Press Officer katie.scott@cimaglobal.com Tel: +44 20 8849 2347 CMA Canada R. David Fletcher Vice President, Public Affairs dfletcher@cma-canada.org Tel: +1 905 949 3106 CPA Australia Jennifer Simon Manager, Public Affairs jennifer.simon@cpaaustralia.com.au Tel: +61 3 9606 9691 Hong Kong Institute of Certified Public Accountants Mindee Hansen Director of Communications mindee@hkicpa.org.hk Tel: +852 2287 7075 Institute of Certified Public Accountants in Ireland David FitzGerald Director, Services to Members dfitzgerald@cpaireland.ie Tel: +353 1 631 4655 Institute of Chartered Accountants in England & Wales Simon Thompson Head of Media Relations simon.thompson@icaew.co.uk Tel: +44 20 7920 8515 Institute of Chartered Accountants in Ireland Rónán O'Brien Communications Director obrienr@icai.ie Tel: +353 1 637 7298 Institute of Chartered Accountants of India Praveen Choudhry Deputy Secretary (PR) prc@icai.org Tel: +91 11 3011 0443 Institute of Management Accountants Marc Gerrone Marketing Manager, Communications and Public Relations mgerrone@imanet.org Tel: +1 201 474 1502 International Federation of Accountants Helene Kennedy Chief Communications Officer helenekennedy@ifac.org Tel: +1 212 471 8707 Bryan Hall Communications Associate bryanhall@ifac.org Tel: +1 212 471 8719 Koninklijk Nederlands Instituut van Registeraccountants (Royal NIVRA) Gert Smit Chief Executive Officer g.smit@nivra.nl Tel: +31 20 301 0304 Henri A L M van Horn havanhorn@freeler.nl Tel: +31 71 561 4616 Malaysian Institute of Accountants Yeo Tek Ling apt@po.jaring.my Tel: +60 3 8925 7101 Marini Abu Bakar Technical Manager, Standards marini@mia.org.my Tel: +60 3 2279 9232

     

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