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 137 articles
A Vision for Integrated Thinking and the Role of Finance ProfessionalsIntegrated reporting continues to gain global momentum and help change the way businesses think about creating value over time—but it is integrated thinking that will ultimately change corporate behavior and lead to more resilient organizations...
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | February 1, 2016
Integrated Reporting: Will It Make a Difference?How can integrated reporting avoid the pitfalls of previous methods to enhance corporate reporting, without becoming an added burden, to make a real difference in decision making and corporate behavior?
by Nick A. Shepherd, President, EduVision | January 19, 2016
Our Integrated Reporting Collection—Wisdom and Ideas from Gateway ContributorsA quick compendium of Discussions published on the Gateway about integrated reporting—who’s doing it, what to consider, and how it applies throughout the profession.
by Eli R. Khazzam, Senior Professional, Economic Development & Emerging Technologies. | January 14, 2016
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
News and Resources
There are 2000 news/resources
OECD Updates Anti-Corruption Standards for Private Sector Aid Collaborations
Public Finance International - December 14, 2016
PCAOB Making Strides in Restoring Public Trust
Accounting Web - December 13, 2016
Business Model Reporting
Financial Reporting Council - December 13, 2016
Will Brexit, Trump Affect Global Accounting Standards?
Journal of Accountancy - December 12, 2016
Brexit Could Cost £12bn a Year to UK Economy, OBR Chair Says
Economia - December 1, 2016
IFRS Foundation Reduces Size of IASB
Accounting Today - December 1, 2016
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