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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||
To help improve the management and operational efficiency of practices, especially small- and medium-sized accountancy practices (SMPs), this area is intended to help those managing practices to address opportunities and challenges; improve their competitiveness, profitability, and sustainability; enhance their expertise, competence, and efficiency; create an environment conducive to the provision of high-quality services; and showcase global best practices and latest practice management techniques. Read More
by Lynn Johannson, President, E2M | October 9, 2015 |
As IFAC once more surveys the global constituency of small- and medium-sized practitioners (SMPs) and asks about the key challenges and opportunities they face, one professional makes the case for why SMPs should place greater emphasis on providing business advisory and consulting services related to the environment. Read More
Doing the Right Thing, Even when No One Is Looking: Thinking beyond Ethics
by Mats Olsson, IFAC SMP Committee Member and Partner, Adrian & Partners AB | October 5, 2015 |
In the first part of a new video series, Mats Olsson, a Member of the IFAC Small and Medium Practices Committee, discusses how doing the right thing, for your clients and practice, is much broader than only behaving ethically—and making changes in your behavior and activities can improve your client’s business and enhance your role as a trusted advisor. Read More
Perspectives on Strengthening Small- and Medium-Sized Practices (SMPs): Parts Eight and Nine
by Giancarlo Attolini, Chair, IFAC SMP Committee | September 21, 2015 |
In Parts Eight and Nine of this nine-part video series, IFAC SMP Committee Chair Giancarlo Attolini discusses an approach to managing client relationships that involves profiling clients according to four categories and identifies key practice management metrics. Read More
How to Be One of the World’s Most Inspiring Accountants
by Steve Pipe, Founder and Head of Research, AVN | August 10, 2015 |
Amazon 5-star rated author Steve Pipe, FCA, reveals his preliminary research findings into how accountants can change the world, and invites you to be in his new book, The World’s Most Inspiring Accountants. Read More
Relevant Service Offerings—Practice of the Future (Part 1)
by Berend van Aswegen, IFAC SMP Committee Member and Paul Thompson, Director, Global Accountancy Profession Support, IFAC | July 27, 2015 | 4
To address challenges such as competition and pricing—and benefit from related opportunities—practices must broaden their services, particularly in the area of advisory, that are key to the sustainable success of their clients. Read More
- Guide to Practice Management for Small- and Medium-Sized Practices, Third Edition
December 13, 2012 - IFAC