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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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Finance Leadership & Development
Professional accountants need to respond to the continually changing expectations of their organizations, the financial markets, and society. In addition, many accountants aspire to finance leadership roles, such as chief financial officer (CFO). As a result, they must fulfill their traditional responsibilities, while increasing their support of strategic and operational decision-making. Through education, life-long learning, and development, they must acquire the right mixture of skills, experiences, and attitudes, including leadership, strategy, business, management, and interpersonal skills. Read More
Presents a balanced picture of the impact of big data on the accountancy and finance professions in the coming 5-10 years by identifying specific opportunities and challenges for the accountancy and finance professions
An article featuring economic and business insights for CFOs.
This article identified “masters” of finance as being well integrated with the enterprise as a whole and being “masters” of certain specific, advanced financial capabilities.
CFO Insights, Ajit Kambil, global research director for Deloitte’s CFO Program, draws from his experience leading the Deloitte CFO Transition Lab program worldwide to explain how CFOs may become pragmatic strategists and in the process identify opportunities for finance to create value.
ICAEW’s Finance and Management faculty member Rick Payne looks back fifty years ago to when Shell Oil’s deputy controller, Stanly Harding, gave a lecture on the finance professional’s role in business, and the experts respond, how far has it changed since then.
ISCA has released its survey findings involving 315 CFOs and CFO aspirants in Singapore. The ISCA CFO Survey, conducted by ISCA Research in September 2012, is part of the Institute’s overall CFO strategy to understand the needs of members who are CFOs and CFO aspirants.The findings clearly re-affirm the increasing perception that the CFO’s portfolio has expanded in breadth and depth to beyond technical areas and their existing role as financial stewards, into areas such as strategic business planning and risk management.
This report highlights some significant findings from Grant Thornton’s biannual CFO Survey of CFOs and other senior financial executives across the United States.
- Doughtie to Become First Female CEO of KPMG in US
April 22, 2015 - Journal of Accountancy
- The Five Influences on Future Finance
April 17, 2015 - City AM
- Shifting Gears by CFOs in Pakistan Perspective
March 16, 2015 - Pakistan Today
- ACCA Calls for Increase in Gender Diversity to Boost Business Performance
March 12, 2015 - Association of Chartered Certified Accountants
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