On October 2, 2006, the International Federation of Accountants (IFAC) will introduce a significant new service that will benefit CGAs and students: the IFAC KnowledgeNet for Professional Accountants in Business (PAIBs). This KnowledgeNet, also known as IFACnet.com, has been developed to facilitate the sharing of the very rich and high quality resources of IFAC member bodies and to help meet the information needs of a growing and increasingly important constituency: professional accountants in business.