By engaging with these authorities the ICFOA can ensure that the standards affecting the CFO profession are well-aligned with current practices and future trends, and that they adequately address the challenges and opportunities faced by financial leaders in the Americas, Europe and Africa:

  • Quality Councils and Quality Assurance Organisations (European Association for Quality Assurance in Higher Education (ENQA), USA Council for Higher Education Accreditation (CHEA). African Quality Assurance Network (AfriQAN): An umbrella organization representing quality assurance organizations from the European Higher Education Area (EHEA) member states.
  • EU’s Expert Groups on Financial Services: These groups provide advice and expertise to the European Commission and can be a key platform for influencing policy and regulation affecting the finance profession.
  • European Committee for Standardization (CEN), United States: American National Standards Institute (ANSI), Brazil: Associação Brasileira de Normas Técnicas (ABNT), Africa: African Organization for Standardization (ARSO): Each of these organizations plays a significant role in their respective regions in establishing and harmonizing standards across various sectors, including finance.
  • Sector-specific Professional Organizations: Various professional sectors in a country or union jurisdiction, like accounting, engineering, and healthcare, have their own organizations that serve as quality councils, setting standards and ensuring quality within their respective fields.