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 49 articles
Responding to the IESBA: New Ethical Guidance for Professional Accountants in Business Timely and RelevantThe IFAC Professional Accountants in Business Committee is developing a response to IESBA’s proposed changes to Part C of the Code of Ethics for Professional Accountants addressing presentation of information and pressure to breach the...
by Vincent Tophoff, Senior Technical Manager, IFAC | April 13, 2015
OECD Takes Steps to Improve Trust and Integrity GloballyThe OECD is seeking stakeholders’ input in its project to promote business integrity through strengthened corporate governance.
by Hanni Rosenbaum, Senior Policy Director, Business and Industry Advisory Committee to the OECD and Vincent Tophoff, Senior Technical Manager, IFAC | March 18, 2015
An SMP Perspective on Improving the Structure of the IESBA Code of Ethics for Professional AccountantsDo you agree with the IESBA’s proposals to improve the clarity of the IESBA Code of Ethics for Professional Accountants by revising its structure as outlined in its recent Consultation Paper ?
by Christopher Arnold, Head of SME/SMP and Research, IFAC and Raymond Cheng, IFAC SMP Committee Member and Ethics Task Force Chair | March 9, 2015
What Do a Standard Setter, a Professor, and an Auditor General Have in Common?Three of the public members of the IESBA (Atsushi Kato, Japan; James Gaa, Canada; and Caroline Gardner, United Kingdom) discuss their views on the pressures that today’s accountants face in terms of acting ethically and the factors influencing...
by Alexandra Waibel, IFAC Assistant Manager, Communications, Marketing, and Brand | February 23, 2015
A Regulator Wants to Trade Permits for Favors? What Would You Do?A new app from Nederlandse Beroepsorganisatie van Accountants offers professional accountants in business an interactive tool to discuss, debate, and assess ethical dilemmas.
by Simone Folkers–de Bruijn, Senior Manager, Accountants in Business, Nederlandse Beroepsorganisatie van Accountants and Vincent Tophoff, Senior Technical Manager, IFAC | October 9, 2014
News and Resources
There are 687 news/resources
Box Ticked: The Rich World Is Not Suffering an Outbreak of Accounting Fraud
The Economist - September 20, 2016
Are You Clear on NOCLAR?
Chartered Accountants Australia and New Zealand Blog - September 16, 2016
New Global Whistleblowing Standard
Institute of Singapore Chartered Accountants - September 9, 2016
Why Do Heads Not Roll in SA’s Many Collusion Cases?
Business Day - September 7, 2016
Real Integrity Briefing
Institute of Chartered Accountants in England and Wales - September 1, 2016
SOX Code of Ethics Rule Lowered Restatements
Accounting Today - August 31, 2016
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