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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
As part of ESRC’s seminar series on governance, CSR and SMEs in emerging economies, a conference on the subject took place in ACCA’s London headquarters on 19 November 2014.
The IIRC chief executive Paul Druckman talks to Public Finance International about the launch of the Public Sector Pioneer Network, which is intended to spread the adoption of integrated reporting.
In this interview IFAC’s senior manager Vincent Tophoff discusses the current review of the OECD Principles of Corporate Governance and how they could be further improved. Please see pages 40 and 41.
Are You Getting All You Can from Your Board of Directors?
November 17, 2014 - McKinsey & Company
Veteran director David Beatty finds many boards wanting—and considers how to improve them.
A popular panel at the 2014 World Congress of Accountants in Rome explored the issue. Here are some of the ingredients that make up an effective modern audit committee.
ICAEW's Dialogue in Corporate Governance programme's fifth thought leadership piece argues that everyone involved in a system of corporate governance should be covered by a (an overall) framework code. In addition, it makes a proposal for harnessing the energy behind the growing number of group specific codes related to corporate governance, and explores how this can enhance public confidence in companies rather than creating complexity and confusion.
Is your organisation efficient, economic, effective and equitable? There is one code to help perfect them all.
- European Parliament Report Reveals Shortcomings on Governance of EU Accounting Standard-setting
April 28, 2016 - The Accountant
- How Some OECD Governments Do Nothing to Stop Their Companies from Financing Grand Corruption Abroad
March 17, 2016 - Transparency International
- Strong International Standards, Governance & Ethics Help Fight Bribery
March 17, 2016 - IFAC
- IFAC Study Shows Accountancy Strongly Linked to Prosperity, Improved Living Standards
November 12, 2015 - IFAC
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