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IFAC FOCUS AREAS
- Accountability. Now.
- 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.
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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. Read More
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Principles for Effective Business Reporting Processes
January 17, 2013 - IFAC
Establishes a benchmark for professional accountants in business to establish more effective business processes in the organizations in which they work. An executive summary is also available.
How does the market know which SMEs are creating value? And how do the SMEs themselves know that they have created value for their stakeholders?
ISCA published its inaugural Yearbook titled “<IR>: 2014 in Reflection”. This Yearbook provides a glimpse into the key events and milestones of Singapore’s <IR> journey in 2014
Leadership paper offers a perspective on the current state of integrated thinking in South African companies after some years of integrated reporting.
A collection of various developments worldwide on environmental and social reporting requirements by regulatory bodies and stock exchanges. This report is intended to track and give a sense of some of the most important CSR disclosure initiatives around the world.
Brad Monterio, Managing Director of Colcomgroup and Vice Chair of IMA’s Technology Solutions & Practices Committee, discusses Integrated Reporting and what small business owners should expect for the future.
Rethinking Financial Disclosures in Integrated Reports
February 2, 2015 - CFO South Africa
Separating financial statements from integrated reports?
- IFRS Foundation Rejiggers Accounting Standards Advisory Forum
June 25, 2015 - Accounting Today
- Industry Bodies Express Delight at EC Embrace of IFRS Report
June 22, 2015 - Accountancy Age
- IASB Revisits Goodwill Accounting
June 18, 2015 - Economia
- India Should Customise Its Accounting Standards as Per Its Prevailing Legal Environment: Chairman, NACAS
June 12, 2015 - Business Standard
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