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 123 articles
11 Reasons to Be Transparent on TaxThis article provides a series of arguments to counter the logic behind recent initiatives in the EU toward greater transparency in country-by-country reporting of tax for large multinationals.
by Eelco van der Enden, Partner, PwC Netherlands | June 16, 2016
Bridging the Divide—Accountants and PoliticiansWhile the accountancy profession regularly calls upon governments around the world to adopt accrual accounting and stronger public financial management, we must remember that accountants are on the same page as politicians in terms of
by Rob Whiteman, Chief Executive, Chartered Institute of Public Finance and Accountancy | May 31, 2016
Integrated Reporting and Climate Change: A Perfect MarriagePart of the climate risk problem is rooted in the age-old problem of transparency—but this is a problem integrated reporting, combined with integrated thinking, is designed to fix.
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | May 27, 2016
New Bottle, Old Wine? Six Capitals Framework Will Require Trade-offsThe International Integrated Reporting Committee’s new reporting framework challenges organizations to move beyond financially-focused corporate reporting to a broader model based on six capitals—will it bring changes to management and investor...
by Nick A. Shepherd, President, EduVision | April 8, 2016
Aclarando el concepto de arrendamientosEl arrendamiento es un método común de financiación para muchas empresas, sobre todo en sectores como la industria aeronáutica, la venta al por menor y el transporte. Actualmente, las compañías que cotizan en bolsa en todo el mundo poseen...
by Hans Hoogervorst, Chairman, International Accounting Standards Board | March 22, 2016
News and Resources
There are 1977 news/resources
AICPA Releases Revenue Recognition Guide
Accounting Today - January 5, 2017
Start Preparing Now for New Lease Accounting Rules
CFO.com - January 3, 2017
10 of the Best TED Talks for Accountants
ICAS - January 3, 2017
International Financial Reporting, Accounting Standards Adopted in Belarus
Belarus News - January 3, 2017
Blockchain Promises Accountants, Auditors and Their Clients Better Data Sooner And Cheaper
NASDAQ - December 28, 2016
Why IFRS Remains Relevant in the US
Journal of Accountancy - December 14, 2016
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