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 | July 18, 2016
The launch of the Natural Capital Protocol should spark professional accountants to help businesses respond to natural capital impacts and dependencies—the sustainability of organizations, economies, and societies depends on it.
There are 98 articles
Research Insights—A Study of Countries’ Adoption of IFRS for SMEsNew research explores the key factors that determine a country's likelihood of adopting the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs).
by Devrimi Kaya, Assistant Professor of Accounting, University of Erlangen-Nürnberg (Germany) and Maximilian Koch, Attorney, Siemens AG | April 21, 2015
An Abundance of Resources to Fight Financial Reporting FraudFinancial reporting fraud is relatively rare, but it remains a serious challenge. Research from the Committee of Sponsoring Organizations of the Treadway Commission (COSO) has indicated that the median
by Cindy Fornelli, Executive Director, Center for Audit Quality | April 21, 2015
Trust in Public Finances: A Survey of Citizens in 10 European CountriesA recent Institute of Chartered Accountants in England and Wales (ICAEW)-PwC survey reveals that only one in five Europeans are confident in their government's ability to manage public finances, an indication of how slender the trust is between...
by Martin Manuzi, ICAEW Regional Director, Europe and Patrice Schumesch, PwC Global Public Finance and Accounting Partner | April 1, 2015
News and Resources
There are 1938 news/resources
How Norway Spends Its $882 Billion Global Fund
The Economist - September 21, 2016
Belarus Adopts IFRS Standards for All Public Interest Entities
IFRS Foundation - September 21, 2016
G20 Weak over Rebuilding Trust in Public Sector, Says IFAC Chief
Public Finance International - September 20, 2016
Rising Yields May Present Governments with a Bigger Bill
Wall Street Journal - September 16, 2016
How CPAs Can Add Value Through Integrated Reports
Accounting Web - September 16, 2016
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