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 141 articles
The Status of Public Sector Financial Reporting and Professional Accountancy Organizations Membership in Francophone AfricaThis article examines the status of public sector financial reporting in 18 Francophone African countries, as well as the level of membership in African Francophone Professional Accountancy Organizations.
by Alain Burlaud, Professor Emeritus, Conservatoire national des arts et métiers, Paris, France and commissioned by the International Federation of Accountants and the World Bank | June 15, 2017
Understanding Value Creation through the Business ModelThe Association of International Certified Professional Accountants invites participation on the CGMA Business Model Framework consultation.
by Nick Topazio, Associate Technical Director, Management Accounting, Association of International Certified Professional Accountants | June 6, 2017
Track, Analyze, Improve: Modernizing Public Financial Management through Open ContractingIncreased transparency through open contracting can help improve the ability of governments, businesses, and citizens to follow government’s money and ensure it delivers on its promises to citizens.
by Carey Kluttz and Leigh Manasco, Open Contracting Partnership | May 30, 2017
Adopting EPSAS? Lessons from the Italian Central Government ReformsIn light of the European Commission’s decision to develop accruals-based European Public Sector Accounting Standards, the experiences of the Italian central government’s public sector accounting reforms are worth considering.
by Ileana Steccolini , Member, CIPFA Faculty Board, Professor of Accounting and Finance & Research Director, Newcastle University London | May 22, 2017
Insights into Integrated ReportingNew 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.
by Yen-pei Chen, Corporate Reporting and Tax Manager. Professional Insights, ACCA | May 11, 2017
News and Resources
There are 2009 news/resources
Core & More: An Opportunity for Smarter Corporate Reporting
Accountancy Europe - September 22, 2017
IASB Issues Practice Statement 2 Making Materiality Judgements and Publishes Exposure Draft Definition of Material
IFRS Foundation - September 20, 2017
Call for Action: Enhance the Coordination of Non-Financial Information Initiatives and Frameworks
Accountancy Europe - September 18, 2017
IFRS Standards—Why Do They Matter?
IFRS Foundation - September 11, 2017
Upcoming: Joint ICAEW & IFRS Foundation Virtual Conference: IFRS 16 Leases
ICAEW, IFRS Foundation - August 24, 2017
Managing Public Money
Future Learn - August 14, 2017
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