As the accountancy profession evolves through new technologies and an increased focus on ethics it is more important than ever for accountants to shift their focus and be able to adapt to the new challenges they face.

To help guide financial professionals, the Chartered Professional Accountants of Canada (CPA Canada), the Institute of Chartered Accountants of Scotland (ICAS), the International Federation of Accountants (IFAC), and the International Ethics Standards Board for Accountants (IESBA), have published the report, Mindset and enabling skills of professional accountants – a competence paradigm shift, which is the final in a series of four thought leadership pieces.

The report addresses key themes to offer practical guidance for professional accountants, accounting organisations, educators, and employers.