The document discusses IFAC's strategy and research activities from 2016-2018. It provides an overview of IFAC, including key facts about growth in PAO membership and employment. IFAC's strategic objectives are outlined, which include developing high-quality international standards, supporting the global accounting profession, and advocacy. IFAC's research objectives are to provide evidence to support policy positions, undertake projects to inform future strategy, and disseminate international perspectives. Areas of future research focus are also mentioned.