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 | July 18, 2016
The launch of the Natural Capital Protocol should spark professional accountants to help businesses respond to natural capital impacts and dependencies—the sustainability of organizations, economies, and societies depends on it.
There are 105 articles
Integrated Reporting: An Emerging OpportunityIntegrated reporting, and specifically the multiple capital model that drives the quantitative core of the reporting framework, opens entirely new avenues for accountants to deliver value to internal and external users.
by Dr. Sean Stein Smith DBA, CMA, CPA, CGMA, CFE, Assistant Professor of Professional Practice, Rutgers University | November 14, 2016
New Public Sector Accounting Standards and Rights of CitizenshipBrazil’s transition to using International Public Sector Accounting Standards, which began in 2015, will strengthen the country’s public sector financial management, improve its accountability and transparency, and build trust with citizens for...
by Idésio S. Coelho, Senior Partner,EY & President, IBRACON | October 31, 2016
IPSAS AND Accrual Accounting: Critically Important for Investment and Voting DecisionsGovernments need both International Public Sector Accounting Standards and accrual accounting for sound public financial management—and citizens need it for well-informed ballot box decisions.
by Ian Ball, Chairman, CIPFA Internationa | October 14, 2016
Governments Must Be Accountable for Taxation’s OutputsThe public must be clear on taxation’s objectives and outputs, and governments must be accountable to their citizens.
by Ed Balls, Former UK Shadow Chancellor of the Exchequer & Senior Fellow, Harvard Kennedy School | October 3, 2016
News and Resources
There are 1950 news/resources
Principles for Effective Business Reporting Processes
IFAC - January 17, 2013
IIRC Seeks Feedback on Integrated Reporting Implementation
Accounting Today - March 3, 2017
Could Bitcoin Become a New Global Currency?
New Jersey Institute of Technology - March 2, 2017
IFRS Foundation Publishes Debrief Video on IFRS for SMEs
IFRS Foundation - February 7, 2017
A Professional Judgement Framework for Financial Reporting
ICAS - February 3, 2017
Guide to Review Engagements (CSRE 2400)
CPA Canada - February 3, 2017
A Global Standard Setting Journey
Public Finance International - February 1, 2017
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