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 | July 18, 2016
The launch of the Natural Capital Protocol should spark professional accountants to help businesses respond to natural capital impacts and dependencies—the sustainability of organizations, economies, and societies depends on it.
There are 101 articles
Strong PFM Requires End-to-end Financial LiteracyPolitical and constitutional systems vary markedly across the EU; so too do public financial management (PFM) structures. The common thread is the need to ensure effective democratic accountability and encourage greater public transparency.
by Dr Susanna Di Feliciantonio, Head of EU Public Affairs, ICAEW | March 16, 2017
Auditing in the Era of Integrated ThinkingAs the business landscape continues to change and evolve at an increasingly rapid rate, integrated reporting is quietly but surely picking up steam, and auditors need to be ready to embrace this new framework.
by Dr. Sean Stein Smith DBA, CMA, CPA, CGMA, CFE, Assistant Professor of Professional Practice, Rutgers University | February 23, 2017
Future of Accounting Profession: Three Major Changes and Implications for Teaching and ResearchThe accounting profession will face significant changes in the next three decades, and professional organizations, their members, and educational institutions should respond.
by Muhammad Azizul Islam, PhD (RMIT), CPA (Australia), CA (CA ANZ) Associate Professor & Team Leader of Accounting for Social and Environmental Sustainability Research Group, School of Accountancy, QUT, Brisbane, Australia | February 10, 2017
Integrated ReportingSince the launch of the International Integrated Reporting Framework at the end of 2013, global momentum of Integrated Reporting is promising. However, to achieve wide scale adoption, the Integrated Reporting movement needs the leadership of...
Longs for Finance Professionals
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | February 2, 2017
News and Resources
There are 1939 news/resources
Integrated Reporting PAO Network
IFAC, IIRC - June 16, 2016
Developing and Reporting Supplementary Financial Measures—Definition, Principles, and Disclosure
IFAC - September 22, 2014
Accrual Practices and Reform Experiences in OECD Countries
Organisation for Economic Co-operation and Development, IFAC - March 6, 2017
IIRC Seeks Feedback on Integrated Reporting Implementation
Accounting Today - March 3, 2017
Could Bitcoin Become a New Global Currency?
New Jersey Institute of Technology - March 2, 2017
IFRS Foundation Publishes Debrief Video on IFRS for SMEs
IFRS Foundation - February 7, 2017
A Professional Judgement Framework for Financial Reporting
ICAS - February 3, 2017
Guide to Review Engagements (CSRE 2400)
CPA Canada - February 3, 2017
Get The Latest. Sent twice monthly.