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 59 articles
Assessing and Improving Professional Accountants’ Ethical CapabilityProfessional accountants are regularly confronted with ethical choices and moral dilemmas in the course of their professional activities—a recent Australian study sheds light on the persistent ethical conflicts, tensions, and pressures that...
by Dr Cristina Neesham, Senior Lecturer, Philosophy and Ethics in Management and Organisation, Department of Management and Marketing, Swinburne University of Technology and Associate Professor Eva Tsahuridu, Industry Fellow, School of Accounting, RMIT University | April 17, 2018
Tackling Modern Slavery: What Role Can Accountants Play?The new wave of modern slavery disclosure regulations require companies to disclose audits and associated monitoring mechanisms to tackle any human suffering arising from their business operations—a process accountants can play a play a role in.
by Professor Muhammad Azizul Islam, PhD, CPA, CA, Chair in Accountancy & Director of Postgraduate Research Programme (Accounting & Finance) Business School, University of Aberdeen | February 12, 2018
Breakthrough in Financing Circular Business Models Shows Need for AccountantsFinancial modelling that enables an understanding of how a Product-as-a-Service model can be viable and represented by financial statements will help to unlock new investment in new innovative and sustainable business models.
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | February 12, 2018
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
News and Resources
There are 697 news/resources
2014 Handbook of the Code of Ethics for Professional Accountants
International Ethics Standards Board for Accountants - July 17, 2014
New International Code Clarifies Ethics Issues
Journal of Accountancy - April 12, 2018
Final Pronouncement—The Restructured Code
International Ethics Standards Board for Accountants - April 11, 2018
Building Ethical Capability for Accounting Professionals
Swinburne Business School: Swinburne University of Technology, CPA Australia - March 12, 2018
CAs Joining Forces Against Corruption
ICAS - February 13, 2018
The Detection of Foreign Bribery
Organisation for Economic Co-operation and Development - December 13, 2017
The “NOCLAR” Debate
Audit Conduct - November 20, 2017
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