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 130 articles
Financial Management Reform in UK Government: Putting Finance at the Heart of Decision MakingSolid management information can help governments manage resources and make decisions that deliver value for money.
by Rebecca McCaffry, FCMA, CGMA, Associate Technical Director–Management Accounting, the Association of International Certified Professional Accountants | July 31, 2017
Integrated Thinking: A Pillar for Integrated ReportingIntegrated thinking is an important aspect of integrated reporting, which can ultimately drive business development.
by Mats Olsson, IFAC SMP Committee Deputy Chair and Partner, Adrian & Partners AB | July 28, 2017
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
News and Resources
There are 1990 news/resources
Principles for Effective Business Reporting Processes
IFAC - January 17, 2013
Enterprise Risk Management—Integrating with Strategy and Performance (2017)
Committee of Sponsoring Organizations of the Treadway Commission - September 6, 2017
Budget Transparency Toolkit
Organisation for Economic Co-operation and Development - August 28, 2017
Public Private Partnerships on Public Financial Management Reforms in Asia
World Bank - August 28, 2017
Upcoming: Joint ICAEW & IFRS Foundation Virtual Conference: IFRS 16 Leases
ICAEW, IFRS Foundation - August 24, 2017
Managing Public Money
Future Learn - August 14, 2017
Shaping the Future of IFRS Together
A+ Magazine - August 14, 2017
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