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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||
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. Read More
by Henry Irving, Head of Audit and Assurance Faculty, ICAEW | January 21, 2015 |
The first report from the ICAEW’s Small Business Matters Program, The 99.9%: Small- and Medium-Sized Businesses, takes a close look at the small business community and their use of accountancy services. Read More
Measuring the Cost of IT
by Leonardo Donzelli, Research and Development, Kirey | November 6, 2014 |
Before investing time and effort trying to understand the impact of IT on costs, it is important to understand that IT is a means, not an end. Read More
Decoding the CAPM Mystery
by Rajesh D. Mudholkar, ACMA (India), Author and Visiting Faculty, Pune University Dept. of Management | July 23, 2014 |
Why the Nobel Prize-winning Capital Asset Pricing Model (CAPM) doesn’t work, and its scientific cure. Read More
Who Stands to Profit the Most from the World Cup?
by Paul Thompson, Director, SMP & SME Affairs, IFAC | July 14, 2014 |
Much has been and will be written about the economics of the World Cup; see who readers voted as the financial winner in our poll results. Read More
The Societal Importance of Cost Accounting Standards Issued by the Institute of Cost Accountants of India
by Rakesh Singh, Chairman, Cost Accounting Standards Board, Institute of Cost Accountants of India | June 17, 2014 |
Cost accounting standards promote uniformity and consistency through the integration, harmonization, and standardization of the different principles and practices previously in use. Read More
- Finance and the Business: Building a Performance Management Framework
April 22, 2015 - CFO Innovation
- Small and Medium Businesses ‘Leaking’ £2.9 Billion Due to Unqualified Finance Staff
March 24, 2015 - Association of Accounting Technicians
- Dedicated Site Highlights Value That CPAs Can Provide to Small Business Owners
February 11, 2015 - American Institute of CPAs
- Transparent Trade Policies, Stable Exchange Rate Key to Attract FDI
November 17, 2014 - Pakistan Observer
- Project and Investment Appraisal for Sustainable Value Creation
August 14, 2013 - IFAC
- Predictive Business Analytics: Improving Business Performance with Forward-Looking Measures
November 13, 2011 - IFAC
- Evaluating and Improving Costing in Organizations
June 30, 2009 - IFAC