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IFAC FOCUS AREAS
- Accountability. Now.
- 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
Discusses how a public management letter, collectively written by auditors in particular sectors or on certain themes, can be an effective instrument for accountants to fulfil their public gatekeeper’s role.
This Transparency International report evaluates the transparency of corporate reporting by the world’s 124 largest publicly listed companies. The report assesses the disclosure practices of companies with respect to their anti-corruption programmes, company holdings and the disclosure of key financial information on a country-by-country basis.
Integrated reporting enhances transparency and disclosure by emphasising concise communication of performance, risks and opportunities and the future outlook for the organisation.
Provides public sector auditors with direction on how to assess and make appropriate recommendations for improving governance activities and processes.
Resource center dedicated to the issue of fiscal responsibility for the public sector.
Presents 10 commandments for an effective internal audit function.
The purpose of the Principles is to support organizations in benchmarking and improving their management accounting systems. The Principles help the public and private sectors make better decisions, respond appropriately to the risks they face and protect the value they generate.
- Mauritius: Prime Minister Reiterates His Commitment towards Good Governance
May 14, 2015 - AllAfrica.com
- Finance Professionals Help Better Corporate Governance
April 17, 2015 - Financial Express
- Banking Sector: Regulations, Compliance and Good Governance
March 23, 2015 - The Daily Star
- Pakistan: Good Governance, Operational Excellence Urged
March 18, 2015 - Daily Times
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