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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.
|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
Audit committees of public companies are under increasing regulatory pressure to ensure external auditors are doing a quality job. Considering these factors should help them fufill their oversight role.
Looks at the benefits of accrual budgeting, at some of the major arguments that have impeded its international implementation, and how those issues have been addressed in the countries that have successfully adopted accrual budgeting.
A reference for both seasoned and new audit committee members as they address areas such as oversight of internal controls, financial reporting, risk, interaction with the internal and independent auditors, and review of earnings press releases.
Paul Kazarian, Chief Executive and Chairman of Japonica Partners, speaking at the CIPFA International Seminar in London on 7 July 2015, on the need for international standards and good public financial management, with reference to the Greek example.
CIPFA International chair Ian Ball speaking at the CIPFA International Seminar in London.
The BIAC publication explains what companies need to know about the Guidelines, including the role of the National Contact Points (NCPs), which provide a unique grievance mechanism to contribute to the resolution of issues that may arise with regard to the implementation of the Guidelines.
What decent auditing does for public administration.
- Zimbabwe: Corporate Governance in Turmoil
June 10, 2016 - AllAfrica.com
- KT Recognized for Corporate Governance
June 8, 2016 - Korea Herald
- Managing Corporate Governance Easier Said Than Done
June 7, 2016 - TheStreet.com
- Corporate Governance in Micro, Small-, and Medium-sized Enterprises
May 5, 2016 - Jamaica Observer
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