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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.
|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. Read More
New report states that the effectiveness of corporate non-financial reporting is improving among leading companies, but there remains a lot to be done for reporting to reach its full potential in driving improved performance and decision-making.
This report aims to expand on the idea of Integrated Guidance and focus on the practical steps that companies need to take in order to implement it.
This study focused specifically on the views of financial stakeholders – and what they felt would deliver effective integrated reporting (IR).
This document contains sample financial statements based on the FRF for SMEs and the US GAAP to illustrate the differences between the two reporting options.
This brings together trends, research, market views, and case studies on integrated reporting as part of an ongoing series of publications highlighting the practical outcomes of adopting integrated reporting.
This explores the possible impacts that integrated reporting may have on the role of the finance professional.
This uses ntegrated reporting to help create value and effectively tell the full story: A guide for chairs, CEOs, and CFOs enabling them to consider how integrated reporting can help the future success of their business.
- The Drive for Disclosure: What Matters and What Doesn’t
June 24, 2016 - Environmental Leader
- US FASB Issues New Guidance on Accounting for Credit Losses
June 17, 2016 - FASB
- US SEC Accountant Urges Vigorous Pursuit of Revenue Questions
June 17, 2016 - BloombergBNA
- Sovereign Debt Rule Changes Threaten EU Bank Finances
June 8, 2016 - Financial Times
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