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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.
|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
This guidance provides recommendations for the use of supplementary financial measures as part of high-quality financial reporting in organizations.
International Integrated Reporting guide assists audit committee and boards in their review of the Integrated Report.
The complete set of the International Public Sector Accounting Standards Board’s® (IPSASB®) pronouncements on International Public Sector Accounting Standards™ (IPSASs™) and Recommended Practice Guidelines (RPGs).
Principles for Effective Business Reporting Processes
January 17, 2013 - IFAC
This offers guidance in achieving a dynamic and circular management process for enhancing reporting processes.
The IFRS Foundation offers free access to the current year's consolidated unaccompanied English language Standards and official Interpretations (this includes IFRS, IAS, IFRIC and SIC*). 'Unaccompanied' means without the Implementation Guidance and the Basis for Conclusions.
Management accounting professionals can use the SMA as a resource to see how leading companies are putting the guiding principles of integrated reporting into practice and learn the various content elements of an integrated report.
This article discusses a range of outcomes that have emerged worldwide regarding the requirements of SME financial reporting.
- What Analysts Want from Financial Reports
May 19, 2016 - CGMA Magazine
- IMA Issues New SMA on Integrated Reporting
May 18, 2016 - IMA Online News
- Collaboration: The Art of Constructive Disagreement
May 13, 2016 - Huffington Post
- The Economist Explains: Why Puerto Rico Is in Trouble
May 12, 2016 - The Economist
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