IFAC FOCUS AREAS
- Accountability. Now.
- Adoption of International Standards
- Developing the Global Profession
- Global Representation and Advocacy
- Professional Accountants in Business
- Small and Medium Practices
Independent Standard-Setting Boards
The International Auditing and Assurance Standards Board sets high-quality international standards for auditing, assurance, and quality control that strengthen public confidence in the global profession.
The International Accounting Education Standards Board establishes standards, in the area of professional accounting education, that prescribe technical competence and professional skills, values, ethics, and attitudes.
The International Ethics Standards Board for Accountants sets high-quality, internationally appropriate ethics standards for professional accountants, including auditor independence requirements.
The International Public Sector Accounting Standards Board develops standards, guidance, and resources for use by public sector entities around the world for preparation of general purpose financial statements.
|Global Knowledge Gateway||
Audit & Assurance
Accounting firms offer a wide range of professional services to their clients, including audit, review, other assurance, and related services. These services are regulated, with many jurisdictions requiring compliance with international standards or national requirements that have been based on international ones. High-quality international standards increase the comparability, consistency, clarity, credibility, and transparency of financial information. And, high-quality financial information, in turn, increases the stability of the global financial infrastructure. See the full overview.
by Fayez Choudhury, Chief Executive Officer, IFAC | October 18, 2016
Last week, the South African Independent Regulatory Board for Auditors (IRBA) announced a timeline for new mandatory audit firm rotation requirements—a policy requiring companies to switch auditors periodically. In the same week, the
There are 61 articles
Research Insights—Auditor Professional Skepticism Part III: Competence (Fraud Detection), Traits, and Conclusions & Future ResearchThis three-part series summarizes academic research in the area of auditor professional skepticism and identifies key observations in the areas of incentives, time, mindset, environmental and contextual factors, and personality traits.
by Joseph F. Brazel, Professor of Accounting and University Faculty Scholar, North Carolina State University and Tammie Schaefer, Assistant Professor of Accounting at the University of Missouri, Kansas City | January 3, 2017
Engagement and Outreach in Support of the New Auditor’s ReportThe IAASB’s new auditor reporting standards become effective this week—the IAASB continues to engage its stakeholders to support implementation.
by Natalie Klonaridis, IAASB Principal | December 14, 2016
The IASB's Priorities to 2021: An Interview with Hans Hoogervorst, ChairmanHans Hoogervorst, Chairman of the International Accounting Standards Board (IASB), explains why the board does an agenda consultation every five years. While the IASB is currently focused on completing its work on insurance and its
by Hans Hoogervorst, Chairman, International Accounting Standards Board | December 13, 2016
Research Insights—Auditor Professional Skepticism Part II: Mindset, Prompts, and Environmental and Contextual FactorsThis three-part series summarizes academic research in the area of auditor professional skepticism and identifies key observations in the areas of incentives, time, mindset, environmental and contextual factors, and personality traits.
by Joseph F. Brazel, Professor of Accounting and University Faculty Scholar, North Carolina State University and Tammie Schaefer, Assistant Professor of Accounting at the University of Missouri, Kansas City | November 28, 2016
News and Resources
There are 1907 news/resources
2015 Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements
International Auditing and Assurance Standards Board - December 4, 2015
AICPA Urges S. Africa's Audit Regulator to Reject Mandatory Audit Firm Rotation
Daily News - January 25, 2017
The Future of the Audit Industry: From Masses of Data to Meaning
Accountancy Age - January 18, 2017
The Biggest Challenges Facing Auditors in 2017
Economia - January 17, 2017
FASB Makes New Improvements to Revenue Recognition Standard
Accounting Web - January 4, 2017
The Internal Audit and IT Audit Book Series
CRC Press - January 3, 2017
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