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 707 articles
Accountancy in the Western Balkans: Regional Cooperation Can Lead to National AdvancesAs they transition from socialist to market economies following decades of turbulence and conflict, the countries of the Western Balkans—have made significant progress in adopting international best practices in corporate financial reporting,...
by Kalina Shukarova Savovska, Senior Financial Management Specialist, Centre for Financial Reporting Reform (CFRR), The World Bank and Maria Chuvasheva, Senior Technical Manager, Quality and Development, IFAC | September 14, 2018
The International Code of Ethics for Professional Accountants: Key Areas of Focus for SMEs and SMPsThe revised and restructured Code of Ethics will be coming into effect in June 2019–The Code results from the completion of multiple IESBA projects–The SMPC has been actively monitoring the IESBA work on each of the various projects and has...
by Diane Jules, Deputy Director, IESBA and Robyn Erskine, Partner, Black Birrd & IFAC SMP Committee Member | September 12, 2018
Continuous Professional Improvement and Technology on the Agenda for Brazilian Audit FirmsIn the midst of one of the most serious economic crises in Brazil's history, the independent audit firms associated with IBRACON have indicated that they are investing in technology, professional qualification and educational and training courses.
by Francisco A. M. Sant’Anna, President, IBRACON | September 12, 2018
What Can History Teach Us about Accounting & Political Accountability? Quite a BitIf we want to see growth and stability around the globe, we need to continue to make the argument that strong professional accountancy organizations spur economic and political development.
by Jacob Soll, Professor, Journalist, University of Southern California | September 11, 2018
News and Resources
There are 9926 news/resources
The Required Step Before AI and Blockchain
Journal of Accountancy - September 20, 2018
Artificial Intelligence: Opportunities, Risks and Implications
Institute of Singapore Chartered Accountants - September 19, 2018
Blockchain Might Remake Accounting: Tom Hood Discusses Big Data & Blockchain Technology
Business Learning Institute - September 18, 2018
Accounting Trends of Tomorrow: What You Need to Know
Forbes - September 17, 2018
Accounting Technology. Tomorrow
CPA.com - September 13, 2018
IMA Launches Global Ad Campaign to Help Management Accountants Seize the Opportunities in a Digital Age
Institute of Management Accountants - September 10, 2018
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