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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
What decent auditing does for public administration.
Examines the use being made of consolidated government accounts in a sample of countries which prepare them. It highlights the importance of the information they provide to support policy decisions, fiscal transparency and accountability before making recommendations to promote their wider use in support of sustainable public services.
Illustrates how Massachusetts Mutual Life Insurance Co. developed a framework to work through the company’s ongoing strategy and financial planning and analysis.
This guidance paper is aimed at audit committees and boards, on the provision of greater assurance and transparency in KPI reporting. The guidance includes a series of characteristics and criteria that committees and boards can refer to during the KPI selection process.
This report aims to identify new developments in the administration of central government that lead to better value for money: better services at lower costs for the taxpayers.
Resource that can be used by audit committees or those charged with governance around the globe.
Useful information for directors, shareholders and other interested in building and sustaining an effective board.
- 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
- SL Businesses Urged to Practice Good Governance: IFAC President
August 3, 2015 - Hiru Business News
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Types of Resources