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
Making Financial Reporting Better: Strengthening the Financial Reporting Supply ChainIs it sufficient to wait until the next financial crisis hits and ask only: "where were the auditors?"
by Fayez Choudhury, Chief Executive Officer, IFAC | September 2, 2014
Coming Soon: Final Guidance on Supplementary Financial MeasuresSneak peek at the upcoming guidance on developing and publishing high-quality supplementary financial measures for internal and external reporting.
by Vincent Tophoff, Senior Technical Manager, IFAC | August 28, 2014
IASB Progresses Review of IFRS for SMEsAs part of its comprehensive review of the International Financial Reporting Standard for Small- and Medium-Sized Entities ( IFRS for SMEs), the International Accounting Standards Board is seeking input from its SME Implementation Group .
by Paul Thompson, Director, European Federation of Accountants and Auditors for SMEs | August 19, 2014
The Cost of European Audit LegislationThe Treaty of Lisbon, which came into effect in 2009, was designed to make the European community more effective, taking into account the perceived benefits accruing from full integration of the internal market.
by Jens Røder, Secretary General & CEO, Nordic Federation of Public Accountants | July 8, 2014
Know Your BoundariesThe Climate Disclosure Standards Board’s proposals for boundary setting in reporting are of practical assistance to professional accountants as they cover boundary setting for non-financial reporting purposes generally as well as for climate...
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | June 23, 2014
News and Resources
There are 1968 news/resources
The Cash-Flow Clash
CFO.com - September 8, 2016
FASB Proposes Targeted Changes to Hedge Accounting Rules
Journal of Accountancy - September 8, 2016
Implementing an IFRS 9 Solution: Challenges Faced by Financial Institutions
Accountancy Age - September 7, 2016
Meeting of IASB Representatives with the Capital Markets Advisory Committee and the Global Preparers Forum June 2016
IFRS Foundation - September 7, 2016
The IFRS Foundation Has Announced the Publication of New Romanian and Russian Translations
IAS Plus - September 7, 2016
How Accountants Can Save World Business
Accounting Web - September 5, 2016
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