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||
High-quality business reporting is at the heart of strong and sustainable organizations, financial markets, and economies. It allows organizations to present a cohesive explanation of their business and helps them engage with internal and external stakeholders, including customers, employees, shareholders, creditors, and regulators, while also promoting better internal decision making. Professional accountants are integral to all phases of organizational reporting. See the full overview.
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | June 6, 2017
IFAC recently issued a policy position on integrated reporting highlighting the need for a single report providing a fuller picture of an organization’s ability to create value over time, and greater interconnectedness between different reports.
There are 163 articles
How ‘Integrated Reporting’ Is Helping Find the Answers to Business Challenges in the New Era–and How the International Integrated Reporting Council Is Here to HelpAs the IIRC publishes answers to the most frequently asked questions on integrated reporting, its CEO, Richard Howitt, discusses why the time is right to adopt integrated reporting.
by Richard Howitt, Chief Executive Officer, International Integrated Reporting Council | March 28, 2019
For Economic Growth, the World Needs AccountantsIf “public wealth” was properly measured, managed and better understood, society as a whole would benefit—but this requires modern accounting in the public sector and professional accountants to help build robust public finances.
by Dag Detter, Managing Partner & Founder, Detter & Co. | March 26, 2019
Examining International Perspectives on Digitalization of TaxICAEW synthesizes a holistic review of the processes of digitalization, taking into account the needs of various stakeholders, whether they be taxpayers individual or corporate, the government, tax professionals, or even software vendors.
by David Lyford-Smith, Technical Manager, IT & The Profession, IT Faculty, ICAEW and Ian Young, Technical Manager, International Tax, ICAEW | March 18, 2019
Three Imperatives for Taxing the Digital EconomyThe digital revolution is transforming economies and the lives of citizens. With a new OECD Consultation document open for public comment through March 6, IFAC CEO Kevin Dancey outlines three considerations for developing a coherent, global tax...
by Kevin Dancey, Chief Executive Officer, IFAC | February 15, 2019
Encouraging New Data on Accrual Adoption but Further Progress NeededAccruals-based accounting and auditable financial statements linked to comprehensive budgeting are a key part of improving public financial management worldwide.
by Steven Cain, Technical Manager, Policy and Technical Team, CIPFA | February 4, 2019
News and Resources
There are 1778 news/resources
Integrated Reporting PAO Network
IFAC, IIRC - June 16, 2016
Developing and Reporting Supplementary Financial Measures—Definition, Principles, and Disclosure
IFAC - September 22, 2014
Economic Impact and Statistical Significance: Interpreting Accounting Research in the Context of Evidence-Based Policy-Making
ICAEW - April 2, 2019
Checklist: Laying the Groundwork for Effective TCFD Aligned Disclosures
Climate Disclosure Standards Board - March 28, 2019
February IASB Podcast Now Available
IFRS Foundation - March 18, 2019
Why Better Tax Collection Will Benefit Developing Countries
Economia - March 18, 2019
Consultation Paper on New Guidance for Preparing Prospective Financial Information
ICAEW - March 4, 2019
Information for Better Markets: Financial Scandals
ICAEW - February 26, 2019
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