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 36 articles
Looking Back to Assess the Present: Different Development Paths for Controlling in the US, GermanyThe world of the professional accountant working in public practice or in business is typically dominated by standards, regulations, and laws governing external financial reporting intended for the investment
by Gary Cokins, CPIM, Analytics-Based Performance Management LLC and Larry White, Executive Director, Resource Consumption Accounting Institute | July 14, 2015
Public Sector Governance at Work: Chileans Zooming In on How their Taxes Are SpentGood governance in the public sector in action! A web portal from the Chilean Supreme Audit Institution allows citizens to evaluate public services and the associated use of public resources.
by Vincent Tophoff, Senior Technical Manager, IFAC | April 22, 2015
Basel Principles on Enhancing Corporate Governance—Will Revisions Be Enough to Invoke True Change?The Basel Committee on Banking Supervision recently proposed enhancements to its corporate governance principles—are the changes enough to make a difference and avoid future crises and organizational failures?
by Vincent Tophoff, Senior Technical Manager, IFAC | April 1, 2015
When Revised Doesn’t Mean Different—The OECD Corporate Governance PrinciplesThe OECD has released a revised draft of its Corporate Governance Principles—but how revised are they?
by Vincent Tophoff, Senior Technical Manager, IFAC | March 23, 2015
Promoting Better Corporate Disclosure—15 Years of the Hong Kong Institute of CPAs' Awards ProgramStriving to create a culture and environment of good governance, 15 years ago the Hong Kong Institute of CPAs established the Best Corporate Governance Disclosure Awards.
by Peter Tisman, Director, Advocacy and Practice Development, Hong Kong Institute of CPAs | March 9, 2015
News and Resources
There are 403 news/resources
IIRC Welcomes the Release of King IV as South Africa Sets a New Global Standard for Corporate Governance
IIRC - November 1, 2016
Incentivising Ethics: Managing Incentives to Encourage Good and Deter Bad Behaviour
Transparency International - October 26, 2016
European Commission Urged to Update Financial Governance Rules
Public Finance International - October 20, 2016
Disclosure Effectiveness Gains Traction and Momentum
Compliance Week - October 12, 2016
Supreme Audit Institutions and Good Governance Oversight, Insight and Foresight
Organisation for Economic Co-operation and Development - October 5, 2016
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