Global Priorities for Professional Accountants in Business and the Public Sector

At its March 2022 virtual meeting, IFAC’s Professional Accountants in Business Advisory Group considered the key global trends impacting the accountancy profession. The report, Global Priorities for Professional Accountants in Business and the Public Sector, summarizes the key insights and learnings from the discussions amongst this global group of business and finance leaders, drawing from their diverse experiences and expertise. 

Crafted from highlights of the discussion, the report features sections on: 

• Accountants Enabling the Circular Economy 
• Championing an Integrated Mindset  
• Engaging with Audit Committees to Support Accountants Addressing New Responsibilities 
• Enabling an Effective Public Sector Finance Workforce 

Three sections of the report are available as individual pieces: Accountants Enabling the Circular Economy (created with Royal NBA), Engaging with Audit Committees to Support Accountants Addressing New Responsibilities and Enabling an Effective Public Sector Finance Workforce (created with CIPFA) are available to download.

“We need to think differently to drive sustainability and create value during this time ofdeep uncertainty and unprecedented trading and economic conditions,” said Sanjay Rughani, IFAC PAIB Advisory Group Chair. “By sharing our learnings as a global profession, we can support professional accountants to engage in higher value actions and inform more strategic decisions.”