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 51 articles
An Abundance of Resources to Fight Financial Reporting FraudFinancial reporting fraud is relatively rare, but it remains a serious challenge. Research from the Committee of Sponsoring Organizations of the Treadway Commission (COSO) has indicated that the median
by Cindy Fornelli, Executive Director, Center for Audit Quality | April 21, 2015
A New Weapon in the Mexican Fight against Business CorruptionNew principles of business integrity and ethics from the Consejo Coordinador Empresarial in Mexico will help wage a battle against corruption.
by José Raúl González Lima, Director of Corporate Financial Reporting, Grupo Televisa; Professor of Corporate Governance, Business School of the Panamerican University at Mexico City; and member of the IFAC Professional Accountants in Business Committee | April 17, 2015
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
News and Resources
There are 690 news/resources
2016 IESBA Handbook Now Available
International Ethics Standards Board for Accountants - September 29, 2016
A Question of Ethics—Navigating Ethical Failure in the Banking and Financial Services Industry
Chartered Accountants Australia and New Zealand - September 27, 2016
Comment: Banking on Ethics
The Accountant - September 21, 2016
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
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