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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.
|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. Read More
by Joseph Bryson, Deputy Director, Quality and Membership | September 12, 2016 |
The new interactive section of the IFAC website features comprehensive profiles of member organizations and the jurisdictions in which they operate—including the status of international standards. Read More
Materiality and Conciseness in Integrated Reporting
by Yen-pei Chen, Corporate Reporting and Tax Manager. Professional Insights, ACCA | September 2, 2016 |
An ACCA study explores materiality and conciseness in integrated reporting from the perspectives of corporate report preparers and company auditors. Read More
An ACCA report explores how providers of financial capital perceive integrated reporting and its potential for providing decision-useful information, through interviews with senor capital market participants. Read More
The International Accounting Standards Board and the International Auditing and Assurance Standards Board are increasing cooperation to improve the quality of both sets of standards. Read More
Brexit: What’s Next for UK and EU Financial Reporting?
by Dr. Nigel Sleigh-Johnson FCA, Head of Financial Reporting Faculty, ICAEW | August 12, 2016 |
Talk of Brexit and its implications are everywhere—but what is likely to change for financial reporting in the UK, and when can changes be expected? Read More
- Financial Management Progress ‘Frustrated by Multiple Systems and Lack of Capacity’
November 28, 2016 - Public Finance International
- IRS Seeks Information on Bitcoin Users from Coinbase
November 22, 2016 - Accounting Today
- The Clock Is Ticking on IFRS Changes
November 21, 2016 - In the Black
- White to Leave SEC Chair Post in January
November 15, 2016 - Journal of Accountancy
- Integrated Reporting PAO Network
June 16, 2016 - IFAC, IIRC
- Developing and Reporting Supplementary Financial Measures—Definition, Principles, and Disclosure
September 22, 2014 - IFAC
- IIRC Framework: International <IR> Framework
September 18, 2014 - IIRC
- 2014 Handbook of International Public Sector Accounting Pronouncements
June 23, 2014 - International Public Sector Accounting Standards Board
- Principles for Effective Business Reporting Processes
January 17, 2013 - IFAC
- International Financial Reporting Standards
January 2, 2013 - IFRS Foundation