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 123 articles
Public Finance Business Partners: Influencing Better Public Sector PerformanceThere is a growing expectation that the public sector should “do more with much less” so public administrators are required to be more efficient and effective.
by Marcel Holder Robinson, Finance Policy Manager (Governments), Chartered Institute of Public Finance and Accountancy | July 17, 2017
Accountability Matters: The Importance of a Rights-based Approach in Public Financial ManagementPublic sector leaders must be held accountable, otherwise protests like the ones seen in Greece will be repeated.
by Marcel Holder Robinson, Finance Policy Manager (Governments), Chartered Institute of Public Finance and Accountancy | June 18, 2017
The Status of Public Sector Financial Reporting and Professional Accountancy Organizations Membership in Francophone AfricaThis article examines the status of public sector financial reporting in 18 Francophone African countries, as well as the level of membership in African Francophone Professional Accountancy Organizations.
by Alain Burlaud, Professor Emeritus, Conservatoire national des arts et métiers, Paris, France and commissioned by the International Federation of Accountants and the World Bank | June 15, 2017
Understanding Value Creation through the Business ModelThe Association of International Certified Professional Accountants invites participation on the CGMA Business Model Framework consultation.
by Nick Topazio, Associate Technical Director, Management Accounting, Association of International Certified Professional Accountants | June 6, 2017
Track, Analyze, Improve: Modernizing Public Financial Management through Open ContractingIncreased transparency through open contracting can help improve the ability of governments, businesses, and citizens to follow government’s money and ensure it delivers on its promises to citizens.
by Carey Kluttz and Leigh Manasco, Open Contracting Partnership | May 30, 2017
News and Resources
There are 1975 news/resources
2014 Handbook of International Public Sector Accounting Pronouncements
International Public Sector Accounting Standards Board - June 23, 2014
Digitalisation of Tax International Perspectives
ICAEW - June 29, 2017
Norway Drops Implementation of IFRS for SMEs as IFRS Foundation Releases Draft Guidance on the Standards
The Accountant - June 29, 2017
Draft Guidance on the IFRS for SMEs Standard Published for Public Comment
IFRS Foundation - June 26, 2017
The Stages of PFM Reform in Fragile States
Public Financial Management Blog - June 19, 2017
What's Next for Corporate Reporting: Time to Decide?
ICAEW - June 14, 2017
Nick Anderson and Ann Tarca Join the International Accounting Standards Board
IFRS Foundation - June 13, 2017
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