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 103 articles
The Use and Usefulness of Integrated ReportingAn ACCA report explores how providers of financial capital perceive integrated reporting and its potential for providing decision-useful information, through interviews with senor capital market participants.
by Yen-pei Chen, Corporate Reporting and Tax Manager. Professional Insights, ACCA | August 22, 2016
Cooperation between the IASB and the IAASBThe International Accounting Standards Board and the International Auditing and Assurance Standards Board are increasing cooperation to improve the quality of both sets of standards.
by Mary Tokar, Partner, Financial Reporting Group, KPMG | August 15, 2016
Brexit: What’s Next for UK and EU Financial Reporting?Talk of Brexit and its implications are everywhere—but what is likely to change for financial reporting in the UK, and when can changes be expected?
by Dr. Nigel Sleigh-Johnson FCA, Head of Financial Reporting Faculty, ICAEW | August 12, 2016
A Global Call for International Public Sector Accounting StandardsThe global economy does not need any more sovereign debt surprises, especially as countries need to know more about each other’s financial positions and performance than ever before. To overcome this problem, Frans van Schaik, the
by Frans van Schaik, Global Leader Public Sector Accounting and Auditing, Deloitte | August 9, 2016
Public Sector Financial Problems Coincide with Societal OnesCorruption, a lack of trust, and other societal problems often go hand-in-hand with problems in public sector financial management.
by Nicolas Véron, Economist and Senior Fellow, Bruegel | August 8, 2016
News and Resources
There are 1947 news/resources
AICPA Releases Revenue Recognition Guide
Accounting Today - January 5, 2017
Start Preparing Now for New Lease Accounting Rules
CFO.com - January 3, 2017
10 of the Best TED Talks for Accountants
ICAS - January 3, 2017
International Financial Reporting, Accounting Standards Adopted in Belarus
Belarus News - January 3, 2017
Blockchain Promises Accountants, Auditors and Their Clients Better Data Sooner And Cheaper
NASDAQ - December 28, 2016
Why IFRS Remains Relevant in the US
Journal of Accountancy - December 14, 2016
Get The Latest. Sent twice monthly.