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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.
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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
Using international standards and best practices in the areas of accounting and auditing, the ADT is a quantitative tool for measuring the level of development of a country’s accountancy environment. The ADT provides a quantitative benchmark of a country’s position at a point in time and its progress toward greater implementation of these standards and practices.
Download a list of English language IFRS resources available to accounting academicians, students and others. Most of the internet resources are available without charge (purchased access is indicated).
eIFRS Professional has been developed from the ground up to provide IFRS professionals with immediate online access to authoritative, annotated versions of IFRS and supporting materials.
Integrated reporting is creating a bold set of goals for the accounting profession
This report outlines the reactions of the South African institutional investment community to the production of integrated reports by South African listed companies, as well as their suggestions for the future development of integrated reporting
Here are a few ways companies can adopt integrated thinking and decision-making processes that are fundamental to the creation of an integrated report
Educational Quiz Launched as Resource for Educators and Students
September 30, 2014 - IFRS Foundation
The IFRS Foundation has launched an online educational quiz as a free-of-charge resource for students, educators and other interested parties to assess their knowledge of the use of IFRS, the IASB as well as the Standards themselves.
- US PCAOB Scrutinizes Audit Firms' Use of Specialists
June 1, 2015 - Accounting Today
- IASB Calls for Feedback on Proposed Enhancements to the Conceptual Underpinning of Financial Reporting
May 28, 2015 - IFRS Foundation
- EU and World Bank Experts Meet to Discuss Financial Reporting Reform for Western Balkans
May 28, 2015 - Public Finance International
- Financial Reporting Standards to Pose Challenges for Industries
May 27, 2015 - Indian Express
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