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<StrategicPlan xmlns="urn:ISO:std:iso:17469:tech:xsd:stratml_core" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="urn:ISO:std:iso:17469:tech:xsd:stratml_core http://xml.govwebs.net/stratml/references/StrategicPlanISOVersion20140401.xsd"><Name>IFAC's Strategic Plan for 2011-2014</Name><Description>IFAC's Strategic Plan identifies the organization's strategic direction during the period of 2011-2014 within the context of the current and anticipated environment. It provides the rationale for the choices made in selecting certain strategies and services to be delivered to its various constituencies.</Description><OtherInformation></OtherInformation><StrategicPlanCore><Organization><Name>International Federation of Accountants</Name><Acronym>IFAC</Acronym><Identifier>_ccdf2a5e-6f78-11e1-8ec0-1d507a64ea2a</Identifier><Description>IFAC is the global organization for the accountancy profession. Founded in 1977, it is comprised of more than 155 accountancy organizations in approximately 120 countries and jurisdictions. These accountancy organizations represent 2.5 million accountants in commerce and industry, education, the not-for-profit sector, public practice, and the public sector.</Description><Stakeholder><Name></Name><Description></Description></Stakeholder></Organization><Vision><Description>IFAC&#8217;s vision is that the global accountancy profession be recognized as a valued leader in the development of strong and sustainable organizations, financial markets and economies.</Description><Identifier>_ccdf2bd0-6f78-11e1-8ec0-1d507a64ea2a</Identifier></Vision><Mission><Description>IFAC&#8217;s mission is to serve the public interest by [pursuing the goals and objectives outlined in this plan]</Description><Identifier>_ccdf2cac-6f78-11e1-8ec0-1d507a64ea2a</Identifier></Mission><Value><Name>Integrity</Name><Description>IFAC&#8217;s values are integrity, expertise and transparency. These values are the guiding principles that IFAC as an organization through its Council, Board, boards and committees, volunteers, and staff seeks to exemplify.</Description></Value><Value><Name>Expertise </Name><Description></Description></Value><Value><Name>Transparency</Name><Description></Description></Value><Goal><Name>Standards and Guidance</Name><Description>Contributing to the development, adoption and implementation of high-quality international standards and guidance</Description><Identifier>_ccdf2d42-6f78-11e1-8ec0-1d507a64ea2a</Identifier><SequenceIndicator>1</SequenceIndicator><Stakeholder><Name></Name><Description></Description></Stakeholder><OtherInformation></OtherInformation><Objective><Name>Confidence</Name><Description>Confidence in international standards</Description><Identifier>_ccdf2dce-6f78-11e1-8ec0-1d507a64ea2a</Identifier><SequenceIndicator>1.1</SequenceIndicator><Stakeholder><Name></Name><Description></Description></Stakeholder><OtherInformation></OtherInformation></Objective><Objective><Name>Adoption</Name><Description>Adoption of high-quality international standards</Description><Identifier>_ccdf2e5a-6f78-11e1-8ec0-1d507a64ea2a</Identifier><SequenceIndicator>1.2</SequenceIndicator><Stakeholder><Name></Name><Description></Description></Stakeholder><OtherInformation></OtherInformation></Objective><Objective><Name>Implementation and Enforcement</Name><Description>Effective implementation and enforcement of international standards</Description><Identifier>_ccdf2ef0-6f78-11e1-8ec0-1d507a64ea2a</Identifier><SequenceIndicator>1.3</SequenceIndicator><Stakeholder><Name></Name><Description></Description></Stakeholder><OtherInformation></OtherInformation></Objective></Goal><Goal><Name>Professionalism</Name><Description>Contributing to the development of strong professional accountancy organizations and accounting firms, and to high-quality practices by professional accountants</Description><Identifier>_ccdf2f86-6f78-11e1-8ec0-1d507a64ea2a</Identifier><SequenceIndicator>2</SequenceIndicator><Stakeholder><Name>Accountants</Name><Description></Description></Stakeholder><Stakeholder><Name>Accounting Firms</Name><Description></Description></Stakeholder><OtherInformation></OtherInformation><Objective><Name>Organizational Strength</Name><Description>Strong professional accountancy organizations</Description><Identifier>_ccdf3026-6f78-11e1-8ec0-1d507a64ea2a</Identifier><SequenceIndicator>2.1</SequenceIndicator><Stakeholder><Name></Name><Description></Description></Stakeholder><OtherInformation></OtherInformation></Objective><Objective><Name>Firms</Name><Description>Strong accounting firms</Description><Identifier>_ccdf30c6-6f78-11e1-8ec0-1d507a64ea2a</Identifier><SequenceIndicator>2.2</SequenceIndicator><Stakeholder><Name></Name><Description></Description></Stakeholder><OtherInformation></OtherInformation></Objective><Objective><Name>Services</Name><Description>High-quality services by accounting firms and practitioners</Description><Identifier>_ccdf3170-6f78-11e1-8ec0-1d507a64ea2a</Identifier><SequenceIndicator>2.3</SequenceIndicator><Stakeholder><Name></Name><Description></Description></Stakeholder><OtherInformation></OtherInformation></Objective><Objective><Name>Management and Reporting</Name><Description>High-quality financial management and reporting practices in all types of organization</Description><Identifier>_ccdf321a-6f78-11e1-8ec0-1d507a64ea2a</Identifier><SequenceIndicator>2.4</SequenceIndicator><Stakeholder><Name></Name><Description></Description></Stakeholder><OtherInformation></OtherInformation></Objective></Goal><Goal><Name>Promotiion</Name><Description>Promoting the value of professional accountants worldwide</Description><Identifier>_ccdf32d8-6f78-11e1-8ec0-1d507a64ea2a</Identifier><SequenceIndicator>3</SequenceIndicator><Stakeholder><Name>Accountants</Name><Description></Description></Stakeholder><OtherInformation></OtherInformation><Objective><Name>Recognition</Name><Description>Global recognition of professional accountants as business leaders and strategic partners in building long term sustainable organizational success</Description><Identifier>_ccdf338c-6f78-11e1-8ec0-1d507a64ea2a</Identifier><SequenceIndicator>3.1</SequenceIndicator><Stakeholder><Name>Accountants</Name><Description></Description></Stakeholder><Stakeholder><Name>Business Leaders</Name><Description></Description></Stakeholder><OtherInformation></OtherInformation></Objective></Goal><Goal><Name>Public Voice</Name><Description>Speaking out on public interest issues where the accountancy profession&#8217;s expertise is most relevant</Description><Identifier>_ccdf3454-6f78-11e1-8ec0-1d507a64ea2a</Identifier><SequenceIndicator>4</SequenceIndicator><Stakeholder><Name>Accountants</Name><Description></Description></Stakeholder><OtherInformation></OtherInformation><Objective><Name></Name><Description></Description><Identifier>_ccdf3526-6f78-11e1-8ec0-1d507a64ea2a</Identifier><SequenceIndicator></SequenceIndicator><Stakeholder><Name></Name><Description></Description></Stakeholder><OtherInformation></OtherInformation></Objective></Goal></StrategicPlanCore><AdministrativeInformation><StartDate>2011-01-01</StartDate><EndDate>2014-12-31</EndDate><PublicationDate>2012-03-16</PublicationDate><Source>http://www.ifac.org/publications-resources/ifacs-strategic-plan-2011-2014</Source><Submitter><FirstName>Owen</FirstName><LastName>Ambur</LastName><PhoneNumber></PhoneNumber><EmailAddress>Owen.Ambur@verizon.net</EmailAddress></Submitter></AdministrativeInformation></StrategicPlan>