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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.
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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
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This Framework, developed by IFAC and CIPFA, was created to help improve and encourage effective public sector governance. It encourages better governed and managed public sector organizations by improving decision making and the efficient use of resources.
CIPFA has developed an interactive Assessment Tool, designed to help public sector organisations measure their counter-fraud arrangements against the Code of Practice on Managing the Risk of Fraud and Corruption.
The Framework encourages better governed and managed public sector organizations by improving decision making and the efficient use of resources.
This statement on the role of the CFO in local government describes the role and the responsibilities of CFOs in local government.
This report highlights the core responsibilities of the CFO role in the public sector, as well as the personal skills and professional standards that are crucial to success in the role.
Sets out a set of principles that can be applied to all public sector financial reporting whether related to budget setting, in-year monitoring, or the annual report.
- 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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