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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
Working in the Public Interest: The IFRS Foundation and the IASB
September 14, 2015 - IFRS Foundation
New publication explains how International Financial Reporting Standards are created to bring transparency, accountability and efficiency to financial markets around the world.
Integrated Reporting as a Catalyst for Long-Term Financial Sustainability
September 3, 2015 - World Bank
What will it take to end poverty and boost shared prosperity? How does Integrated Reporting fit into this picture? Bridging the financing gap – how can <IR> help?
Analysing the Final Amendments to the IFRS for SMEs
August 27, 2015 - Wiley Insight
Discusses the final modifications (including worked examples) that will have a significant impact on the entities that prepare their financial statements according to the IFRS for SMEs.
This report provides an insight into current practices for banks’ reporting on the capitals, outlines leading reporting practice and articulates the value proposition for banks to report on the capitals.
The IIRC developed new messaging and a new slide deck to ensure that the IIRC and its partners are communicating clearly and concisely about what integrated reporting is.
2015 IFRS—A Briefing for Chief Executives–Now Available
August 11, 2015 - IFRS Foundation
This Briefing has been specially prepared for Chief Executives, members of Audit Committees, Boards of Directors and others who want a broad overview of the International Accounting Standards Board’s (IASB) Standards.
The IIRC is asking for feedback on the first draft of the <IR> Competence Matrix. This is intended to provide clear guidance in the market as to the skills and experience necessary to be an effective practitioner in <IR>.
business case for integrated reporting; financial reporting; integrated reporting - research; integrated reporting – assurance; integrated reporting – guidance & tools; integrated reporting – measurement; integrated reporting – role of accountants; integrated reporting – technical topics; financial/business reporting supply chain; integrated reporting and thinking; Guidance
- Accounting under the New UK GAAP for Loans from Directors Who Are Also Shareholders
October 14, 2016 - ICAEW
- 10 Years On, Are International Standards Helping Financial Reporting?
October 12, 2016 - In the Black
- New Lease Accounting Standard Proposed for Federal Entities
September 28, 2016 - Journal of Accountancy
- International Accounting Board Amends Insurance Standard
September 14, 2016 - BloombergBNA
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