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 622 articles
External Assurance on Non-Financial Information: Providing ConfidenceHow do professional accountants respond to the growing demand for assurance on non-financial information (NFI)—Accountancy Europe‘s latest publication sets out the context for NFI reporting and assurance and discusses the role of the accountancy...
by Noémi Robert, Senior Manager, Accountancy Europe & Vita Ramanauskaité, Advisor, Accountancy Europe | November 20, 2017
Internal Controls and Sustainability Data: Closing the Confidence Gap in the Quest for ValueThe calls for increased use of sustainability data to drive and communicate enterprise value are not going away [enterprise value can also be loosely referred to as non-financial, balanced scorecard, performance dashboard, environmental, social,...
by Jeffrey C. Thomson, CMA, CAE, IMA President and CEO | November 20, 2017
What Can the Asian Profession Learn from the 2016 IFAC Global SMP Survey?How do the survey results for one region compare to the global view—and what can professional accountancy organizations learn?
by Johnny Yong, Technical Manager, Global Accountancy Profession Support, IFAC and Paul Thompson, Director, European Federation of Accountants and Auditors for SMEs | November 20, 2017
Blockchain, AI, and AccountingBlockchain technology, although most well-known for cryptocurrencies such as Bitcoin, is forecasted to have wide-ranging implications for how data is secured, transmitted, and protected—in addition, the rise of artificial intelligence (AI), and...
by Dr. Sean Stein Smith DBA, CMA, CPA, CGMA, CFE, Assistant Professor, Lehman College (CUNY) | November 20, 2017
Does Your Cyber Security Include Governance? It ShouldDeveloping a strong cyber security governance program is the first step in protecting your practice from cyber threats.
by Steve Ursillo Jr., Partner, Risk Assurance & Advisory and National Leader, Information Assurance and Cybersecurity, Cherry Bekaert | November 20, 2017
News and Resources
There are 9754 news/resources
Upcoming Event: Corporate Reporting: Is It Heading in the Right Direction?
ICAEW - November 20, 2017
The “NOCLAR” Debate
Audit Conduct - November 20, 2017
COSO ERM 2017
Risk Oversight Solutions - November 20, 2017
What External Auditors Do: A Primer for Audit Committee Members
CPA Canada - November 20, 2017
Viewpoints: Determining Technical Feasibility and Commercial Viability (Mining Sector)
CPA Canada - November 20, 2017
Companies Continue to Increase Transparency of External Audit Oversight
CGMA Magazine - November 20, 2017
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