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||
The recent financial and economic crises exposed many corporate governance weaknesses—but, at the same time, they created momentum for change. Effective governance encourages better organizational decision making, accountability, and robust scrutiny of organizational performance. Accountants are in an excellent position to ensure that governance is integrated into the very DNA of their organizations, which has been identified as critical to its effectiveness. See the full overview.
Inspire, Implement, Assure—How Internal Auditors Can Leverage the International Framework Good Governance in the Public Sector
by Jim Pelletier, Managing Director, Institute of Internal Auditor’s American Center for Government Auditing and Vincent Tophoff, Senior Technical Manager, IFAC | October 11, 2016
Public sector internal auditors can enhance their organizational governance by leveraging the guidance within the International Framework Good Governance in the Public Sector .
There are 34 articles
Social and Human Capital Accounting Business BenefitsSocial and human capital makes a fundamental contribution to the performance of an organization, and can be significantly enhanced or damaged by its activity.
by Kate Bowyer, CFO, The Crown Estate, and Member of the A4S CFO Leadership Network | June 27, 2017
Onward and Upward: New Revision of the King Code on Corporate Governance Needs Your Input, TooIf you are passionate about governance, you should read and respond to the latest exposure draft of the revised King Report on Corporate Governance in South Africa .
by Vincent Tophoff, Senior Technical Manager, IFAC | May 2, 2016
Should Professional Accountants Care about Culture? Yes!A healthy culture is a prerequisite for effective corporate governance and risk management, and a new study from the ACCA backs this up.
by Pauline Schu, Policy and Research Officer, ACCA | March 17, 2016
A Vision for Integrated Thinking and the Role of Finance ProfessionalsIntegrated reporting continues to gain global momentum and help change the way businesses think about creating value over time—but it is integrated thinking that will ultimately change corporate behavior and lead to more resilient organizations...
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | February 1, 2016
News and Resources
There are 401 news/resources
Professional Accountants, Strong Governance Vital to Reducing Corruption
CPA Canada - May 18, 2017
2017 OECD Corporate Governance Factbook
Organisation for Economic Co-operation and Development - April 19, 2017
Trust and Public Policy: How Better Governance Can Help Rebuild Public Trust
Organisation for Economic Co-operation and Development - April 10, 2017
Methodology for Assessing the Implementation of the G20/OECD Principles of Corporate Governance
Organisation for Economic Co-operation and Development - March 27, 2017
Board of Directors: Are You Ready for the Enhanced Auditors’ Report?
Malaysian Institute of Accountants - March 2, 2017
UK FRC to Launch a Review of the UK Corporate Governance Code
The Accountant - February 20, 2017
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