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 115 articles
Help the IASB Shape the Future of Financial ReportingYou manage what you measure, as the old saying goes. Modern accounting standards measure business performance more effectively than ever before. Because of those standards, derivative financial
by Hans Hoogervorst, Chairman, International Accounting Standards Board | June 2, 2015
A Tale of Two Standard Setters: Striving for Convergence, amidst CrisisFormer FASB Chair Robert Herz and former IASB Chair Sir David Tweedie discuss the highs and lows of chairing two of the world's key standard-setting boards during the period prior to and following the global financial crisis at the Baruch-hosted...
by Christopher Arnold, Head of SME/SMP and Research, IFAC | May 4, 2015
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
News and Resources
There are 1972 news/resources
Transparency and Confidence in the Public Sector: Advances in Supreme Audit Institutions in Latin America and the Caribbean (2002-2012)
Inter-American Development Bank - October 25, 2016
GRI Releases Publication to Help Companies with Integrated Reporting
The Accountant - October 24, 2016
Canadian Public Company Financial Reporting Update: Q3 2015
CPA Canada - October 20, 2016
Why CPAs Should Learn about Integrated Reporting
AICPA Insights - October 19, 2016
European Commission Told to Draft Financial Transaction Tax by Year-End
Accountancy Age - October 14, 2016
Accounting under the New UK GAAP for Loans from Directors Who Are Also Shareholders
ICAEW - October 14, 2016
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