|
As the global organization for the accountancy profession, IFAC is committed to protecting the public interest by developing high-quality international standards, promoting strong ethical values, encouraging quality practice, and supporting the development of all sectors of the profession around the world. To learn more about IFAC's mission and values, view the IFAC Video.
|
|
-
Fourth Report of the PIOB Now Available - The Public Interest Oversight Board (PIOB) has issued its Fourth Public Report, in which it describes its oversight of international audit, ethics, and education standard setting. The report focuses on the relevance of the PIOB's public interest mission and its activities of the past year, which included monitoring and evaluating the final stages of the IAASB's Clarity Project.
-
European Commission Seeks Input on ISA Adoption - The EC Directorate General for Internal Market and Services has released a Consultation on the Adoption of International Standards on Auditing. The consultation paper, which explores various aspects of ISA adoption, points out that "the adoption of ISAs in the EU would result in quantitative and qualitative benefits for companies, investors, and regulators." Comments are requested by September 15, 2009.
-
IFAC Welcomes IOSCO Statement on ISAs - IOSCO released a statement recognizing the role of ISAs "in facilitating cross-border securities offerings and listings." It also noted the significance of the completion of the Clarity Project in clarifying the ISA requirements. View the press release in the media center.
IFAC is comprised of 157 members and associates in 123 countries and jurisdictions, representing over 2.5 million accountants. Member bodies participate in IFAC's Member Body Compliance Program, demonstrating their commitment to promoting high quality standards for the world's accountants. Member and associate responses to Parts 1 and 2 of the Compliance Program, and action plans developed to further convergence and meet other IFAC membership requirements, have been posted to IFAC's website.
|
