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 Yen-pei Chen, Corporate Reporting and Tax Manager. Professional Insights, ACCA | May 11, 2017
New ACCA research outlines integrated reporting insights, including the challenges and best practice responses based on over 40 corporate reports and interviews with leading integrated reporters.
There are 114 articles
Accountability. Now. We Must Enhance Government Accountability and TransparencyIn the public sector, the lack of transparency and accountability presents a major risk to the efficiency of capital markets, global financial stability, and long-term sustainability. We need to create greater public awareness among all levels of...
by Andreas Bergmann, Chair, International Public Sector Accounting Standards Board | October 21, 2014
Integrated Reporting—Seizing the Opportunity to LeadAs a result of the International Integrated Reporting Council (IIRC)’s Framework being issued in December 2013, integrated reporting has truly begun to take off around the world.
by Helen Brand, Chief Executive, Association of Chartered Certified Accountants | October 14, 2014
Attracting Long-term Investors through Integrated Thinking and ReportingResearch shows that integrated thinking and reporting can have a positive impact on the type of investors your company attracts—those who are in it for the long-term and looking for sustainable value creation.
by Andrew Knauer, Senior Analyst, Just Capital, George Serafeim, Associate Professor of Business Administration, Harvard University School of Business and Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | October 9, 2014
Beyond Enhanced Reporting—The Next Step in Public Sector Financial ManagementIn recent years, there has been a belated recognition that government financial information is insufficient.
by Ken Warren, Chief Accounting Advisor, Treasury of the Government of New Zealand | September 16, 2014
From Integrated Reporting to Integrated Thinking to Integrated Action, and ResultsIntegrated reporting is not an outcome in itself, but rather a means or a tool to create and preserve more sustainable value.
by Vincent Tophoff, Senior Technical Manager, IFAC | September 15, 2014
News and Resources
There are 1968 news/resources
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
Focusing on Value Creation in the Public Sector
Chartered Institute of Public Finance and Accountancy, IIRC - September 15, 2016
International Accounting Board Amends Insurance Standard
BloombergBNA - September 14, 2016
International Accounting Standards Board Issues Amendments to Insurance Contracts Standard
IFRS Foundation - September 12, 2016
Indian Real Estate Companies Set to Face Problems Due to New Accounting Standards: Ernst & Young
Economic Times - September 8, 2016
Get The Latest. Sent twice monthly.