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Richard Mallett Director Technical Development. International Federation of Accountants. IFAC Resource Center – October 2005. Professional Accountants in Business Committee. BACKGROUND Response to Member Body feedback. PAIB Mission:

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Richard Mallett

Director

Technical Development


International Federation of Accountants

IFAC Resource Center – October 2005



Background response to member body feedback
BACKGROUNDResponse to Member Body feedback

  • PAIB Mission:

    • To enable IFAC to uniquely add value to professional accountants in business

  • PAIB Strategic objective:

    • To facilitate communication and sharing of knowledge between IFAC member bodies



Ifac resource center project vision
IFAC RESOURCE CENTER PROJECTVision

  • Unique and comprehensive information tool for PAIBs


Ifac resource center project objective
IFAC RESOURCE CENTER PROJECTObjective

  • Centralize relevant professional resources:

    • IFAC member body material

    • Other targeted sources of pertinent information


Ifac resource center project output
IFAC RESOURCE CENTER PROJECTOutput

  • Website tailored to PAIB needs:

  • Search platform (mini Google for PAIBs)

  • Other community features such as

    • News section

    • Hot topics


Ifac resource center project rationale
IFAC RESOURCE CENTER PROJECTRationale

  • Facilitates communication & sharing of professional knowledge

  • Fills the gap - no global online centralized resource for PAIBs

  • Addresses changing knowledge requirements of PAIBs - dynamic solution

  • Optimum solution given resource constraints


Project progress phase 1 proof of concept
PROJECT PROGRESSPhase 1 – Proof of concept

  • Phase 1 - January to June 2005

  • Limited scope project to test viability – $50k

  • Comprehensive evaluation by 7 member bodies and IFAC

  • Successful proof of concept

  • Approval by IFAC Board July 2005 to continue project


Project progress current status
PROJECT PROGRESSCurrent Status

  • Initiation of Phase 2A – Resolution of Phase 1 issues

  • Expected completion January 2006

  • Report and recommendation to be put to IFAC Board Meeting February 2006


Steering committee

Alex Hilman ICPAS Israel

Ashok Haldia ICAI India

Bill Connell CIMA UK (chair)

Bill Brower IMA USA

Bill Langdon CMA Canada

Brian Kearney ICAI Ireland

Chris Jackson ICAEW UK

Edward Chow HKICPA

Paul Thompson IFAC

Rajkumar Adukia ICAI India

Richard Mallett CIMA UK

Robin Mathieson IFAC

John Petty CPA Australia

Stephen Walker IFAC

STEERING COMMITTEE


Further information
FURTHER INFORMATION

  • Robin Mathieson, PAIB Technical Manager: [email protected]

  • Anne-Marie Ellison, Project coordinator: [email protected]



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