IFAC Survey - Top Priority of 2012: Rebuilding the Profession Reputation and Credibility

Author:Ec. Alexandra COMĂNESCU

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Abstract:
The International Federation of Accountants (IFAC) completed its fifth annual survey of the global accountancy profession in late 2011. \r\nIFAC asked members’ opinions about the most significant issues facing the global accountancy profession in 2012, as well as perceptions of the accountancy profession in members’ country/jurisdiction. In addition, in an era of limited resources and high demand, IFAC sought members’ input into strategic planning and priority-setting. To this end, IFAC asked respondents to rank: the importance of adoption and implementation of various standards; the outcomes IFAC should prioritize; how IFAC should allocate its resources; the priority areas IFAC should focus on, as well as the ones IFAC should not focus on; the public policy areas IFAC should take a position in and speak out on in 2012 \r\nThe survey results include data from 123 respondents from 71 countries and jurisdictions who took the survey from December 1, 2011 to January 11, 2012. \r\n

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