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IFAC FOCUS AREAS
- Accountability. Now.
- 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.
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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. Read More
Why Is It Proving So Hard to Lift Audit Quality?
June 23, 2016 - The Accountant
CAQ "Profession in Focus," Episode 25
June 22, 2016 - Center for Audit Quality
Improving Your Audit Process, Part 7: Combining Risk with Materiality
June 22, 2016 - Accounting Web
Saudi Regulator Bans Deloitte's Audit Unit for Two Years
June 21, 2016 - Economia
EU Audit Reform Implementation State of Play
June 20, 2016 - International Accounting Bulletin
Open Board Meeting to Consider Reproposing Standard on the Auditor's Reporting Model
June 20, 2016 - Public Company Accounting Oversight Board
Latest Audit Shake-Up to Trigger £10bn Competition for Contracts
June 17, 2016 - The Telegraph
Super Friday: The Dawning of a New Era for Auditors
June 17, 2016 - Economia
Improving Your Audit Process, Part 6: Eliminating Excessive Audit Evidence
June 17, 2016 - Accounting Web
Leader: Audit Competition Drives Change, Not Necessarily Quality
June 17, 2016 - Accountancy Age
- 2015 Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements
December 4, 2015 - International Auditing and Assurance Standards Board
- Guide to Review Engagements
December 10, 2013 - IFAC
- Guide to Using International Standards on Auditing in the Audits of Small- and Medium-Sized Entities, Third Edition
November 9, 2011 - IFAC
- Guide to Quality Control for Small- and Medium-Sized Practices, Third Edition
July 31, 2011 - IFAC