Transcription of UNDERSTANDING VALUE CREATION - IFAC
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UNDERSTANDING VALUE CREATION - IFAC
A VISION FOR THE CFO & FINANCE FUNCTIONUNDERSTANDING VALUE CREATIONE xposure Drafts, Consultation Papers, and other IFAC publications are published by, and copyright of, IFAC. IFAC does not accept responsibility for loss caused to any person who acts or refrains from acting in reliance on the material in this publication, whether such loss is caused by negligence or IFAC logo, International Federation of Accountants , and IFAC are registered trademarks and service marks of IFAC in the US and other 2020 by the International Federation of Accountants (IFAC). All rights reserved.
The value creation process is at the heart of integrated thinking and value creation. Strategically, the business model is a central cog in the value creation process which turns valuable resources and relationships (inputs) into results (outputs) that create value for stakeholders and society (outcomes and impacts). Value for customers
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