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 65 articles
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
IAASB Explores Growing Use of Data Analytics in the AuditThe IAASB has released a Request for Input: Exploring the Growing Use of Technology in the Audit, with a Focus on Data Analytics , with comments requested by February 15, 2017.
by Bradley Williams, Principal, International Auditing and Assurance Standards Board | November 14, 2016
Research Insights—Auditor Professional Skepticism Part I: Incentives and TimeThis 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 | October 31, 2016
The Adventure of Standard Setting: Reflections from a ChairmanFollowing its recent meeting in Hong Kong, the Chairman of the International Auditing and Assurance Standards Board explains how he approaches each meeting.
by Prof. Arnold Schilder, Chairman, International Auditing and Assurance Standards Board | October 26, 2016
News and Resources
There are 1949 news/resources
The Enhanced Auditors' Report: Questions and Answers
Malaysian Institute of Accountants - May 30, 2017
Can Auditors Trust Clients and Be Skeptical Too?
Accounting Web - May 30, 2017
Talking to Your Audit Clients about Data Analytics
CPA Canada - May 22, 2017
IASB's Annual Improvements Project
ACCA - May 22, 2017
Women in Internal Auditing: Perspectives from Around the World
Institute of Internal Auditors - May 19, 2017
Why CFOs Should Support the Use of Audit Data Analytics
CPA Canada - May 18, 2017
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