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 44 articles
IFAC Engagement with IAASB and IESBA—Representing the Interests of PAIBs & SMPsProviding input to the IAASB and the IESBA on behalf of the SMP and PAIB constituencies is considered vital to IFAC’s contribution to the development of international audit, assurance, and ethics standards.
by Christopher Arnold, Head of SME/SMP and Research, IFAC | December 11, 2015
Ethics: A ‘Tribal’ PerspectiveLike most professionals, accountants are guided by the overarching ethics of the groups they are a part of—that is, tribes; this can be used constructively to guide the goals and visions of individuals and organizations (the article reflects the...
by Natalia Autenrieth , CPA, Executive Coach, Autenrieth Advantage | November 2, 2015
Corporate Responsibility and the Accountancy ProfessionThe accountancy profession can play an important role in helping society mitigate and adapt to the challenges of climate change.
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | October 23, 2015
The Accountancy Profession Must Provide Trust and AccountabilityIn a video, the Chief Executive of the Institute of Public Accountants in Australia addresses how trust in our profession translates to communities, businesses, and economies, and why it is critical.
by Andrew Conway, Chief Executive, Institute of Public Accountants in Australia | October 5, 2015
How Valuable Is Client Confidentiality to You?Andreas Noodt, member of the IFAC SMP Committee and his Technical Advisor Gillian Waldbauer summarize, and invite debate, on the IESBA’s Exposure Draft on non-compliance with laws and regulations from the global perspective of professional...
by Andreas Noodt, Former Member, IFAC SMP Committee and Gillian Waldbauer, Head of International Affairs, Institut der Wirtschaftsprüfer | August 24, 2015
News and Resources
There are 675 news/resources
The Spirit of Accounting
Accounting Today - October 26, 2016
Incentivising Ethics: Managing Incentives to Encourage Good and Deter Bad Behaviour
Transparency International - October 26, 2016
ISO Publishes Powerful New Tool to Combat Bribery
ISO - October 25, 2016
6 Ethical Questions about Big Data
Journal of Accountancy - October 6, 2016
Raising the Ethical Bar: The Accountant’s Responsibility for Addressing Noncompliance with Laws and Regulations
Audit Conduct - October 1, 2016
2016 IESBA Handbook Now Available
International Ethics Standards Board for Accountants - September 29, 2016
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