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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.
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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
AICPA Wants IRS Guidance on New Partnership Audit Rules
October 11, 2016 - Accounting Today
IAASB Amends Standards to Enhance Auditor Focus on Non-Compliance with Laws and Regulations
October 5, 2016 - International Auditing and Assurance Standards Board
Can Critical Audit Matters Help Protect Auditors?
September 23, 2016 - Accounting Web
Malaysian Internal Auditors Expect More Work Out of Standards Amendments
September 22, 2016 - The Accountant
Largest Annual Global SMP Survey to Open in Three Weeks
September 14, 2016 - IFAC
Many Internal Audit Leaders Don’t Fully Use Professional Standards
September 14, 2016 - Accounting Web
Zimbabwe: New Regulations for Auditors
September 8, 2016 - AllAfrica.com
Singapore Accountancy Convention 2016: Shining a Brighter Light on Risk
September 2, 2016 - Institute of Singapore Chartered Accountants
IAASB Working Group Seeks Input on the Growing Use of Data Analytics in the Audit
September 2, 2016 - International Auditing and Assurance Standards Board
Kenya Plans to Adopt Global Auditing Standards to Attract Investors
September 1, 2016 - Coastweek.com
- 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