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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. Read More
Learn to use process-based management (PBM) to enhance customer service and value. In this section you will find a four-document series that will help your organization increase its efficiency without sacrificing customers’ needs.
CPA Canada partnered with the University of Toronto in a one-day symposium on best practices for teaching the principles of ethics and professional judgment within five different professions. Read the collection of the symposium participants' papers as well as solicited input.
The European Parliament has endorsed new rules on money laundering which it hopes will reduce tax crimes and terrorist financing.
Attention to the company culture is a must following a compliance failure.
Policy and research officer Pauline Schu introduces findings from a one-year global study into corporate culture and the drivers of organisational behaviour, conducted with support from the UK’s Economic and Social Research Council.
The economic crisis, LIBOR and energy price fixing scandals, the miss-selling of financial products like PPI, ‘aggressive’ tax avoidance and consumer product complaints have all contributed to a crisis of confidence in business.
This app is integrated with APESB’s website and allows you to read updates on developments in Australian Accounting Professional & Ethical Standards, obtain information regarding APESB’s governance, due process and work program, access the APESB Standards and guidance notes which include the Code of Ethics, quality control and risk management standards, as well as, a range of professional standards addressing non-assurance services such Forensic Accounting Services, Valuation Services, Taxation Services, Financial Planning Services, Compilations, Trust Accounts, Insolvency Services and Due Diligence Committees.
- Accountants, Auditors to Get a New Ethics Rule Book
July 12, 2016 - Wall Street Journal
- A Passion for Fighting Corruption
July 11, 2016 - Fraud Magazine
- Brazil’s New ‘Transparency’ Chief Falls in His Own Scandal
June 1, 2016 - International Business Times
- Improve Transparency, Values, Accountability to Defeat Corruption, Says Accounting Federation
May 19, 2016 - Bernama.com
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