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- 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
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.
Evaluating and Improving Governance in Organizations
January 31, 2009 - IFAC
Includes a framework-consisting of a series of fundamental principles, supporting guidance, and references-for how professional accountants can contribute to evaluating and improving governance in organizations.
Provides principles-based guidance to assist professional accountants and their organizations in developing and implementing a code of conduct in a values-based culture.
One of the 12 key standards for international financial stability used by the Financial Stability Board that form the basis for the corporate governance component of the Reports on the Observance of Standards and Codes from the World Bank.
This report maps the activities of ten leading Supreme Audit Institutions (SAIs) in Brazil, Canada, Chile, France, Korea, the Netherlands, Poland, Portugal, South Africa and the United States.
Subsidiary Governance: Governance in a Multidimensional Environment
October 1, 2016 - Deloitte
This report from Deloitte Global discusses how organizations need to take a fresh look at how they oversee their subsidiaries or risk costly financial and reputational damage. The report also outlines new strategies board directors can take to develop stronger subsidiary governance frameworks.
More and more companies are running into serious problems that have real financial costs as a result of improper or insufficient intercompany accounting practices, according to this Deloitte report.
- Stronger Governance and Less Regulation Will Help #BuildTrust with Citizens, IFAC and ICAEW Joint Report Says
September 29, 2016 - IFAC
- UK Legislators Criticise "Sticking Plaster" OECD Tax Avoidance Reforms
August 4, 2016 - Public Finance International
- Big Win for Tax Whistleblowers as Pair Gets $17.8 Million
August 4, 2016 - Wall Street Journal
- BHS Is Theresa May’s Big Chance to Reform Capitalism–She'd Better Take It
July 27, 2016 - New Statesman
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