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 40 articles
Empowering Management in an Evolving EnvironmentCayman Islands Institute of Professional Accountants ( CIIPA) Chief Executive reflects on the importance of adapting governance arrangements to drive performance.
by Sheree Ebanks, Chief Executive Officer, Cayman Islands Institute of Professional Accountants | June 20, 2018
Driving Future Performance: From Outdated Legislation to Bright OpportunitiesA conversation with Darnell Osborne, Former President of Bahamas Institute of Chartered Accountants (BICA).
by Darnell Osborne, Past President, BICA & Executive Chairman of Bahamas Power & Light Ltd. | June 19, 2018
How Strong Public Financial Management in Nigeria Will Support Sustainable GrowthAs African economies continue to strengthen, it is important that arrangements for good governance and strong public financial management are in place.
by Gillian Fawcett, Head of International, CIPFA | June 14, 2018
Tackling Big Corporate Governance Changes to Drive Organizational Performance in a Small PAOICAB reflects on the importance of adapting governance arrangements to drive performance.
by Lisa Padmore, Immediate Past President of ICAB and Member of IFAC’s PAO Development Committee | May 31, 2018
How Management Contributes to Audit QualityWhat is management’s role in the audit process? Can managers do more to influence audit quality? CPA Canada and FEI Canada examine.
by Taryn Abate, CPA, CA, CPA, Director, Audit & Assurance, Research, Guidance and Support, CPA Canada | April 9, 2018
News and Resources
There are 398 news/resources
International Framework: Good Governance in the Public Sector, Executive Summary
IFAC, Chartered Institute of Public Finance and Accountancy - July 2, 2014
Evaluating and Improving Governance in Organizations
IFAC - January 31, 2009
The UK Corporate Governance Code
Financial Reporting Council - July 16, 2018
How to End Excessive Pay
ICAEW - June 18, 2018
Focusing On Performance: Principles for Effective PAO Governance
IFAC - January 25, 2018
Board Oversight of Long-Term Value Creation and Preservation
Harvard Law School Forum on Corporate Governance and Financial Regulation - September 12, 2017
Professional Accountants, Strong Governance Vital to Reducing Corruption
CPA Canada - May 18, 2017
2017 OECD Corporate Governance Factbook
Organisation for Economic Co-operation and Development - April 19, 2017
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