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||
Performance & Financial Management
Professional accountants will use many performance & financial management methods and approaches to help their organization deliver its objectives, goals, targets, and strategies. Performance & financial management encompasses all of the management, process, and behavioral aspects of strategy execution and monitoring performance. See the full overview.
by Bhumi Jariwala, Editor, IFAC Global Knowledge Gateway | June 15, 2015
What does the emergence of artificial intelligence mean for professional accountants and the profession?
There are 62 articles
The Changing Role of Accounting in Enterprise Performance ManagementThe accountancy profession’s contribution to business resilience and success is through enterprise performance management.
by Larry White, Executive Director, Resource Consumption Accounting Institute | June 26, 2018
The Role of Financial Leadership in Sustainable Public FinancesFocused and empowered leadership is essential to drive higher standards in financial management and ensure that finance is integral to decision-making at the very highest level across the public sector.
by Sumita Shah, Regulatory Policy Manager, Public Sector, ICAEW | April 30, 2018
Dividends: Under the MicroscopeThe recommendaions in the Financial Reporting Council’s Disclosure of Dividends – Policy and Practice —namely, to enhance dividend policy disclosures to ensure they are specific about the parameters and inherent flexibility of the approach taken...
by Thomas Toomse-Smith, Project Director, Disclosure Lab, FRC | October 23, 2017
Financial Management Reform in UK Government: Putting Finance at the Heart of Decision MakingSolid management information can help governments manage resources and make decisions that deliver value for money.
by Rebecca McCaffry, FCMA, CGMA, Associate Technical Director–Management Accounting, the Association of International Certified Professional Accountants | July 31, 2017
Extending Environmental Cost Accounting to the Supply ChainRecent changes from the International Organization for Standardization to extend material flow cost accounting (MFCA) to include supply chain management is a welcome step and a further development since IFAC published International Guidance...
by Dr Katherine Christ, University of South Australia and Professor Roger Burritt, The Australian National University | June 9, 2017
News and Resources
There are 655 news/resources
Project and Investment Appraisal for Sustainable Value Creation
IFAC - August 14, 2013
Predictive Business Analytics: Improving Business Performance with Forward-Looking Measures
IFAC - November 13, 2011
ICAP: Pharmaceutical and Industry Specific Guidelines
ICAP - October 29, 2018
ICAP: Exploration and Production (E&P) Industry in Pakistan
ICAP - October 29, 2018
Public Money for the Public Good
ICAEW - June 18, 2018
Business Performance Management Report 2–Working with Tensions
ICAEW - June 12, 2018
Improving Federal Costing for Better Decisions
Institute of Management Accountants - April 10, 2018
The Best Path Forward
CFO.com - October 10, 2017
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