The world is changing fast, and so are the roles of finance and accounting professionals. The nature of work performed by professional accountants and the nature of their contribution to organizations are rapidly evolving in response to significant business trends.
This report identifies the roles that future-fit accountants in business can fulfill to remain integral to their organizations in the coming decade based on the experiences of senior business and finance leaders, CEOs, board directors, and other stakeholders.
THE CFO AND FINANCE FUNCTION ROLE IN VALUE CREATION
This report sets out current thinking on how CFOs and their finance teams can account for and communicate value creation for internal and external stakeholders.
This thinking enables CFOs and their teams to focus on:
Understanding value creation and how value creation is defined, created, delivered, and sustained; and
Measuring and tracking performance covering three interconnected value creation perspectives: balance sheet, business, and societal value.
As economies digitize, organizations of all sizes across sectors face enormous disruption and opportunity. Professional accountants must expand their approach to include both structured and unstructured datasets to support organizations in making insight-driven decisions. The Professional Accountant’s Role in Data, a joint report released by IFAC and the Chartered Professional Accountants of Canada (CPA Canada), outlines a data management value chain and explores four key roles professional accountants can occupy within it: Data Engineer, Data Controller, Data Scientist, and Strategic Advisor.
Organizations are facing chronic skills shortages in these areas, and professional accountants have the opportunity to fill these roles. The report includes case studies highlighting how professional accountants in different roles, such as the CFO, can broaden their roles in driving data-driven decisions.
NORME ISA 600 (RÉVISÉE) ET MODIFICATIONS DE CONCORDANCE ET MODIFICATIONS CORRÉLATIVES APPORTÉES À D’AUTRES NORMES INTERNATIONALES PAR SUITE DE LA PUBLICATION DE LA NORME ISA 600 (RÉVISÉE)
GUIDE DE PREMIÈRE MISE EN ŒUVRE NORME INTERNATIONALE DE GESTION DE LA QUALITÉ (ISQM) 1 GESTION DE LA QUALITÉ PAR LES CABINETS QUI RÉALISENT DES AUDITS OU DES EXAMENS LIMITÉS D’ÉTATS FINANCIERS, OU D’AUTRES MISSIONS D’ASSURANCE OU DE SERVICES CONNEXES