those employed by accountancy firms, on the other hand, usually specialise in very specific areas, such as auditing, taxation, insolvency or forensic accounting. Naturally, each specialism has different training requirements.despite the existence of global accounting practices serving global clients, the accountancy bodies that oversee training are almost entirely domestic and serve the needs of their domestic market.although the widespread adoption of international accounting standards is making training easier, taxation is a national issue. therefore, accountancy training naturally tends to occur at a national level."we are not educating accountants to work anywhere in the world, but to work in their own national environment" say Jim Sylph, Executive Director of Professinal Standards at the International Federation of Accountants (IFAC). IFAC describes itself as 'the global organisation for the accountancy profession' It has 2,5 milion member from all areas of the profession, belonging to 157 member and affiliated bodies and accountancy associations,from all over the wworld.but accountancy training is not just about the initial qualification. the big challenge is keeping accountants up to date in a changing world. to support its member, TFAC sets very broad standards for education programmers, including continuing professional education and lifelong learning.the current trend is to emphasise strategy and management over the purely technical subjects, because strategic and managerial skills can give the big global practices a competitive advantage.in this way, at Pricewaterhouse-coo-pers (PwC) the concept of the 'business adviser' run right through from newly qualified accountants to partners. this includes skills such as managing teams, and coaching and appraising people. Business and relationship between an accountancy firm and its customers exists.similarly, global training at KPMG concentrates on values,skill and behaviours. however KPMG's main strategie and it views the lack of portabllity of national qualifications as the main barrier to this. 'it presents challenges within the profession ,'says Michael Wallby, senior Training Manager at KPMG 'we need to be able to get our resouree to the opportunities. The profession needs to work together across the various institutes to take advantage of future opportunities'.'if you get training right, it can make a significant difference to competitive advantage' says Ms Kibride. Associate Partner for Global Learning at Deloitte. This is especially because of a rapid influx of people.According to Mr Blewitt Chief Executive of the Assoctioclation of Chartered certified Accountants (ACCA) increasingly employers want people who can ove around he world with a common accounting language and set of standards and ethics. he stares ' there is an inexhaustible demand from developing nations. with a qualified accountancy profession, these coutries will continue to be able to attract inward investment and aid from agencies such as the World Bank'
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