Building and maintaining a profession that is relevant to professional accountants in business, trends affecting the finance function, the UN Sustainable Development Goals, and accountants in business perspective on audit quality, risk management, and integrated reporting were some of the topics debated at the recent IFAC Professional Accountants in Business (PAIB) Committee meeting.
The Committee, made up of an international group of PAIB thought leaders from IFAC member organizations, met in New York March 30-31 for its bi-annual meeting chaired by Charles Tilley, Chartered Institute of Management Accountants Chief Executive.
Meeting highlights, outcomes, and recommended actions are available online. Insights from the meeting will help raise awareness of emerging trends, challenges, and opportunities affecting the accountancy profession and PAIBs across the globe, and will help the global profession coordinate activities. IFAC plans to issue a similar post-meeting output following each PAIB Committee meeting.