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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.
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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. Read More
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Back in 2014 ACCA and the UK’s ESRC completed an ambitious research project investigating perceptions of corporate culture and its links to dysfunctional behaviour in organizations. This updated article now contains the fourth and final research report.
Various reports and publications issued by CAQ.
Reports aggregate and individual governance indicators for 215 economies over the period 1996–2013, for six dimensions of governance: Voice and Accountability; Political Stability and Absence of Violence; Government Effectiveness; Regulatory Quality; Rule of Law; and Control of Corruption.
Resource center dedicated to the issue of fiscal responsibility for the public sector.
Through its membership of the Business and Industry Advisory Committee to the OECD, BIAC, IFAC is actively involved in the work of the Organisation for Economic Co-operation and Development (OECD).
The Business Anti-Corruption Portal (Portal) provides a comprehensive and practical business tool, and offers targeted support to SMEs in order to help them avoid and fight corruption, thereby creating a better business environment.
Includes an ethics support guide and an ethics dilemma tool to guide management accountants through ethical dilemmas. The ethics resource page provides a range of resources, including exercises, articles, case studies, webcasts, and more.
- UK Legislators Criticise "Sticking Plaster" OECD Tax Avoidance Reforms
August 4, 2016 - Public Finance International
- Big Win for Tax Whistleblowers as Pair Gets $17.8 Million
August 4, 2016 - Wall Street Journal
- BHS Is Theresa May’s Big Chance to Reform Capitalism–She'd Better Take It
July 27, 2016 - New Statesman
- US CEOs Back Board Diversity, GAAP Adherence in Reform Push
July 25, 2016 - New York Times
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