View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
June 5, 2017updated 24 Jan 2022 1:45pm

IFAC releases report to help accountants in business deal with technological changes

By sarajuddin isar

IFAC has released a report to help accountants in business remain relevant at a time of increasingly fast paced technological changes.

IFAC’s professional accountants in business committee chair Charles Tilley wrote in the report introduction: “Technology is the principal driver that enables the finance function to be a more effective business partner working with the business by helping provide security, control, and quality decisions focused on value creation and preservation. If the accountancy profession and professional accountants in business do not embrace change, other current or emerging professions will take our coveted place at the heart of business.”

To help professionals the report looked at the continued evolution of the profiles of finance leadership and accountants in business. This implied effective risk management and rapid cognitive business development due to digital disruption.

The report can be found here.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to International Accounting Bulletin