The International Federation of Accountants is proposing the enhancement of the profile, influence, and relevance of professional accountants in business.
In an exposure draft (ED) setting out its proposed 2010-2012 strategy and work plan prepared by the Professional Accountants in Business (PAIB) Committee, the IFAC outlines the direction and priorities of IFAC's services relevant to professional accountants in business and identifies two specific objectives:
1. Increasing awareness of the important roles professional accountants play in creating, enabling, preserving, and reporting value for organizations and their stakeholders; and
2. Supporting the professional accountants in business within IFAC member bodies by facilitating the communication and sharing of good practices and ideas.
"Well over half of the total number of professional accountants is within enterprises, and these professional accountants in business play a wide range of roles," said PAIB Committee Chair Roger Tabor. "The proposed strategic direction provides a basis for IFAC to determine how best to serve this large, diverse constituency at a global level."
The IFAC is seeking comments on the proposed vision until July 14, 2010.