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 144 articles
The Year in Review: A Look Back at Viewpoints from 2015For the accountancy profession, 2015 was a forward-looking year. The need to attract and develop new talent, embrace rapidly changing technological trends, and demonstrate how the accountancy profession is playing a wider role in society were
by Eli R. Khazzam, Senior Professional, Economic Development & Emerging Technologies. | December 29, 2015
The Role of the Auditor General in Creating Public Trust and ValueCarol Bellringer, IFAC Board Member and Auditor General of British Columbia, Canada, provides an overview of the roles of the Auditor General and the importance of financial reporting for government.
by Carol Bellringer, Auditor General, Province of British Columbia | December 14, 2015
Focusing on the Matters That MatterNew guidance from IFAC and the IIRC, Materiality in Integrated Reporting, provides guidance on applying materiality in integrated reporting and supports implementation of the IIRC’s International Integrated Reporting Framework.
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | November 16, 2015
Raising the Quality Bar in Financial Reporting: The Singapore JourneyThis year, Singapore celebrates its golden jubilee. Fifty years ago, the lack of a hinterland, a weak economy, and an unskilled labor force made the nation’s survival tenuous.
by Kenneth Yap, Chief Executive, Accounting and Corporate Regulatory Authority | November 3, 2015
Inside the IFRS Framework: Differentiating Impairment Losses from ProvisionsA look at what distinguishes impairment losses from provisions under IFRS and a suggestion: many preparers are failing to recognize this distinction.
by Ricardo Julio Rodil, International Liaison Partner, Baker Tilly Brazil | November 2, 2015
News and Resources
There are 1991 news/resources
The Importance of Sustainability Accounting and Reporting in Assessing a Firm: A Student’s Perspective
Accounting Today - January 12, 2017
IPSAS Adoption in Africa
AccountancySA - January 12, 2017
Getting to the Heart of Decision Making—Whitehall’s Financial Management Reform
Chartered Institute of Management Accountants, Institute for Government - January 11, 2017
AICPA Releases Revenue Recognition Guide
Accounting Today - January 5, 2017
Start Preparing Now for New Lease Accounting Rules
CFO.com - January 3, 2017
10 of the Best TED Talks for Accountants
ICAS - January 3, 2017
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