Enhanced search function
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. Read More
These principles, which can be found at www.governanceprinciples.org, were developed in the hope that they will promote further conversation on corporate governance.
Corporate Culture and the Role of Boards
September 21, 2016 - Financial Reporting Council
The report summarizes various input made by stakeholders, case studies among others. The key conclusion is that it is important to align values and incentives, and board should spend time to assess and measure culture.
This report is designed to assist boards and to share best practice; several key observations are made are: recognise the value of culture; demonstrate leadership; be open and accountable; embed and integrate; assess, measure and engage; align values and incentives; and exercise stewardship.
August 10, 2016 - Institute of Chartered Accountants in England and Wales
An exciting film drama created to facilitate thought-provoking discussions about how accountants, auditors and company directors should act when faced with difficult situations.
This report explores the importance of culture to long-term value and how corporate cultures are being defined, embedded and monitored.
Overseeing Strategy: A Framework for Boards of Directors
July 15, 2016 - CPA Canada
This Framework helps directors effectively oversee the strategic planning process, from preparation and strategy formulation to execution and monitoring results.
Overseeing Mergers and Acquisitions: A Framework for Boards of Directors
June 17, 2016 - CPA Canada
This document provides a framework to help directors oversee mergers and acquisitions effectively and ensure shareholder value is maximized.
- Stronger Governance and Less Regulation Will Help #BuildTrust with Citizens, IFAC and ICAEW Joint Report Says
September 29, 2016 - IFAC
- 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
Discover More Resources
Types of Resources