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 152 articles
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 1, 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
Buildings Will Drive Transition to Circular Economy: New Methods of Valuation and Financing Are KeyA new report highlights the radical potential for valuing and financing circular buildings to accelerate the circular economy.
by Aglaia Fischer, Project Manager Circular Finance at Circle Economy & Sustainable Finance Lab, Lucas Geusebroek, Project Lead Circular Economy, Royal NBA | January 28, 2019
Showcasing Good Public Financial ManagementStrong public financial management processes and systems are essential for effective and efficient delivery of public services, transparent public finances, and trust between government and citizens—through a series of case studies, we will...
by IFAC | January 28, 2019
Reporting of Non-Financial Information by SMEs in EuropeEFAA research looks at the nature and extent of non-financial information reporting by SMEs in 14 European countries.
by Paul Thompson, Director, European Federation of Accountants and Auditors for SMEs | January 22, 2019
News and Resources
There are 2010 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
The Tax Function of the Future
BDO - February 14, 2019
El Reporte de Información No Financiera: Nuevo Paso En Favor de La Transparencia
El Economoista - February 4, 2019
IFRS for SMEs: Who Can Use It? How Does It Differ from Full IFRSs?
ICAEW - February 1, 2019
Feature: Materiality Modernised
IFRS Foundation - January 29, 2019
Digitalisation of Tax - International Perspectives
ICAEW - January 28, 2019
On-Demand Webinar: Digitalisation of Tax
ICAEW - January 28, 2019
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