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||
Unethical business practices harm organizations and economies. Large-scale business failures such as Enron—as well as the more recent failures related to the global financial crisis—highlight the consequences of unethical business practices and amoral management. Professional accountants, as stewards of transparency and trust, and subject to a professional code of ethics, have a key role to play not only in upholding but in encouraging and influencing ethical behavior and decision making within their organizations. See the full overview.
by Tanya Barman, Associate Director, Ethics, Chartered Institute of Management Accountants | July 21, 2016
The intersection of human rights and business is an important emerging area that no business can afford to ignore, and assessing and addressing potential risk is clearly also a role for the professional accountant .
There are 56 articles
Navigating Ethics in a Digital AgeEthical behavior is a core attribute for professional accountants; technology may have an impact on the details one needs to understand to be ethical but it does not change the centrality of being ethical.
by Narayanan Vaidyanathan, Head of Technology Insight, ACCA | October 18, 2017
An SMP Perspective on Proposed Changes to the IESBA Code of EthicsGiven recent proposals from the International Ethics Standards Board for Accountants with potential changes for the Code of Ethics for Professional Accountants, small- and medium-sized practices need to start preparing for some of the more...
by Johnny Yong, Technical Manager, Global Accountancy Profession Support, IFAC and Robyn Erskine, Partner, Brooke Bird & SMP Committee Ethics Task Force Chair | September 25, 2017
The Professional Accountant’s Mindset and Tackling CorruptionProfessional accountants’ training in analyzing and interpreting both financial and non-financial data positions them to challenge information that seems suspicious and be diligent in examining the supply chain, as well as interpreting where...
by Tanya Barman, Associate Director, Ethics, Chartered Institute of Management Accountants | September 11, 2017
ACCA’s Alternative Dispute Resolution Approach to the Investigation & Disciplinary ProcessACCA now offers a conciliation service, a form of Alternative Dispute Resolution, to help resolve complaints that are unlikely to lead to disciplinary action.
by Joanne Vlahos, Head of the Complaint Assessment Department, ACCA | June 27, 2017
News and Resources
There are 692 news/resources
2014 Handbook of the Code of Ethics for Professional Accountants
International Ethics Standards Board for Accountants - July 17, 2014
The “NOCLAR” Debate
Audit Conduct - November 20, 2017
ICAS Publishes New Ethics Paper: the CA and the Organisation
ICAS - October 24, 2017
Finding the Ethics Path through the Digital Jungle
ACCA - October 23, 2017
The Power of One–Organisational Culture and Values
ICAS - October 10, 2017
Toward Enhanced Professional Skepticism
International Auditing and Assurance Standards Board, International Ethics Standards Board for Accountants, International Accounting Education Standards Board - August 28, 2017
International Standard-Setters Aim to Increase Professional Skepticism
Accounting Today - August 15, 2017
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