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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. Read More
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Guide on Public Participation in Fiscal Policy Principles and Mechanisms in Fiscal Policy
January 18, 2017 - GIFT
This guide illustrates with practical examples of mechanisms (“practices”) and provides guidance about how the GIFT principles on public participation in fiscal policy can be successfully put in practice.
IPSAS Adoption in Africa
January 12, 2017 - AccountancySA
International Public Sector Accounting Standards enable governments to account for material liabilities such as debt, pensions and service concessions argues Amon Dhliwayo.
Getting to the Heart of Decision Making—Whitehall’s Financial Management Reform
January 11, 2017 - Chartered Institute of Management Accountants, Institute for Government
Takes stock of the UK Government’s Financial Management Reform program, and allows those interested in improving finance functions in other complex organisational settings (especially centres of government) to see what is happening in the UK, and to understand the way this change has been undertaken.
How Our Regulatory System Broke, and Why We Must Fix It
November 14, 2016 - US Chamber of Commerce
The federal regulatory process must be reformed to ensure that agencies implement the will of Congress and that the courts uphold the constitutional principle of separation of powers.
The Future of EU Public Sector Accounting in a Global Context
October 28, 2016 - Institute of Chartered Accountants in England and Wales
This discussion paper seeks to encourage a broad consensus among both public and private sector stakeholders to assist the reform of public sector accounting across Europe. Responses in any form from interested stakeholders are encouraged by March 31, 2017.
Government Accounting and Financial Reporting Reforms in Latin America
October 11, 2016 - Organisation for Economic Co-operation and Development
This report describes the present state of government accounting and financial reporting in Latin America, as well as proposed and on-going reform activities, reported by 17 surveyed countries.
This report maps the activities of ten leading Supreme Audit Institutions (SAIs) in Brazil, Canada, Chile, France, Korea, the Netherlands, Poland, Portugal, South Africa and the United States.
- IFRS Foundation Reduces Size of IASB
December 1, 2016 - Accounting Today
- Financial Management Progress ‘Frustrated by Multiple Systems and Lack of Capacity’
November 28, 2016 - Public Finance International
- IRS Seeks Information on Bitcoin Users from Coinbase
November 22, 2016 - Accounting Today
- The Clock Is Ticking on IFRS Changes
November 21, 2016 - In the Black
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