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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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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
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Introducing Integrated Reporting
November 24, 2016 - IIRC
This video gives you an introudction into integrated reporting.
integrated reporting - capitals; integrated reporting - research; integrated reporting – assurance; integrated reporting – guidance & tools; integrated reporting – measurement; integrated reporting – role of accountants; integrated reporting – technical topics; integrated reporting and thinking; Video
Small Steps for IFRS, Giant Leaps for Capital Markets: Episode 2
November 22, 2016 - Chartered Accountants Australia and New Zealand
Rachel Grimes FCA and Rob Ward AM FCA talk optimistically about global involvement in the IFRS landscape, financial reporting in a digital world and why Australia and New Zealand won’t be doing a ‘Brexit’ on IFRS.
Collaboration in International Standard-Setting
November 14, 2016 - IFRS Foundation
The IFRS Foundation has published a new video exploring the role of national standard-setters and regional groups in the work to develop IFRS Standards as a worldwide financial reporting language and the importance of collaboration.
CPA Canada Explores Future of Corporate Reporting
November 14, 2016 - CPA Canada
As the corporate reporting landscape continues to evolve, CPA Canada brings the business community together to learn about innovative reporting methodologies that seek to address the changing needs of stakeholders.
In this video, Fayezul Choudhury, IFAC Chief Executive Officer, presents IFAC’s Accountability. Now. campaign for enhanced public financial reporting, sound decision making, and accountability.
The IASB have recorded a web presentation discussing the requirements in IFRS 16 Leases relating to the definition of a lease.
In this video, which is part of the IFRS Foundation's Debrief series, Sue Lloyd, Member of the International Accounting Standards Board, explains the background to IFRS 9 and its different components – and gives an update on what has happened in the period since the Board completed the Standard in 2014.
- IFRS Foundation Reduces Size of IASB
December 1, 2016 - Accounting Today
- 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
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