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 50 articles
What is Moral Courage?ICAS Chief Executive Anton Colella argues that moral courage is one of the defining characteristic of professional accountants today, and it should be included in the Code of Ethics for Professional Accountants .
by Anton Colella, Chief Executive, Institute of Chartered Accountants of Scotland | June 13, 2016
Teach Your Children Well: Teaching Young Accountants the Importance of EthicsIn addition to traditional training materials, young accountants must be taught the importance of being ethical—and the best way to do this is through stories and examples from senior members of the profession.
by Anton Colella, Chief Executive, Institute of Chartered Accountants of Scotland | May 30, 2016
An SMP Perspective on the IESBA’s Limited Re-exposure of Proposed Changes to the Code Addressing the Long Association of Personnel with an Audit ClientThe IFAC SMP Committee shares its perspective on the IESBA’s Limited Re-exposure of Proposed Changes to the Code Addressing the Long Association of Personnel with an Audit Client.
by Christopher Arnold, Head of SME/SMP and Research, IFAC | May 5, 2016
Doing the Right Thing Even When No One Is Looking Part III: Your Built-In CompassIn the third part of this video series, IFAC SMP Committee Member and Partner at Adrian & Partners AB Mats Olsson examines the importance of integrity to the work of professional accountants.
by Mats Olsson, IFAC SMP Committee Deputy Chair and Partner, Adrian & Partners AB | April 26, 2016
IESBA Consults on Near Final Long Association ProposalsLearn more about the IESBA’s second consultation dealing with long association with an audit client and the possible risks to auditor independence; comment by May 9, 2016.
by Ken Siong, Technical Director, International Ethics Standards Board for Accountants | April 21, 2016
News and Resources
There are 689 news/resources
New International Ethics Standard Will Have Implications for All Professional Accountants
CPA Canada - March 27, 2017
Proven Ways for Accountants to Instill Ethics in Companies
Accounting Today - March 6, 2017
Better Behaved Bankers
Accounting and Business - February 21, 2017
EFAA Invited to Present Results of Ethics Survey at the European Parliament
European Federation of Accountants and Auditors for SMEs - February 17, 2017
IESBA Staff Questions and Answers—Responding to Non-Compliance with Laws & Regulations
International Ethics Standards Board for Accountants - February 10, 2017
Ethics and Trust in a Digital Age Survey
Association of Chartered Certified Accountants - February 2, 2017
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