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 565 articles
Your Turn to Weigh In: Proposed Modernization of Accounting Estimates Auditing StandardThe IAASB’s Proposed ISA 540 (Revised), Auditing Accounting Estimates and Related Disclosures, significantly changes how auditors evaluate accounting estimates and related disclosures—auditors and other stakeholders are asked to consider the...
by Jasper van den Hout, Principal, International Auditing and Assurance Standards Board | July 18, 2017
Transforming Challenges into Opportunities: Regulations & StandardsInformation and best practice tips to help small- and medium-sized practices address the challenge of keeping up with new regulations and standards.
by Christopher Arnold, Head of SME/SMP and Research, IFAC and Mats Olsson, IFAC SMP Committee Deputy Chair and Partner, Adrian & Partners AB | July 17, 2017
Technology: The Future of the Accountancy ProfessionDisruptive technologies are changing the role of the accountancy profession.
by David Powell, Global Brand Manager, IBM Cognitive Process Services & President, ACAUS | July 17, 2017
Public Finance Business Partners: Influencing Better Public Sector PerformanceThere is a growing expectation that the public sector should “do more with much less” so public administrators are required to be more efficient and effective.
by Marcel Holder Robinson, Finance Policy Manager (Governments), Chartered Institute of Public Finance and Accountancy | July 17, 2017
News and Resources
There are 9590 news/resources
Boomer’s Blueprint: Blockchain—Hype or Reality?
Accounting Today - July 17, 2017
Making a Difference: Audit Committees in Central and Eastern Europe
ICAEW - July 13, 2017
Three Reasons to Embrace Cloud-Based Technology
AICPA Insights - July 13, 2017
US Accounting Standards Body Weighs New Digital Currency Rules
CoinDesk - July 13, 2017
The New Auditor’s Report: The Early Adopters in South Africa
SAICA - July 12, 2017
ICAEW - July 11, 2017
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