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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||
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 Mats Olsson, IFAC SMP Committee Member and Partner, Adrian & Partners AB | November 30, 2015 |
IFAC SMP Committee Member Mats Olsson discusses talent recruitment strategies for SMPs in today's competitive marketplace. Read More
Is an International Accounting Association the Global Advantage Your Firm Needs?
by Franz Schweiger, Managing Director and Partner, BF Consulting | November 16, 2015 |
Joining an international association of firms can greatly benefit small- and medium-sized practices. Read More
Insights from the 2014 IFAC Global SMP Survey: A Comparison of Uganda and the Rest of the World
by Dr. Hajj Twaha Kigongo Kaawaase, Partner, Sejjaaka, Kaawaase & Co. | November 2, 2015 |
How do the services offered, concerns, and anticipated challenges of small- and medium-sized practices (SMPs) in Uganda compare to the rest of the world? Read More
SMPs: Heed the Call of the 2015 IFAC Survey! (And Why You Should)
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
- Guide to Practice Management for Small- and Medium-Sized Practices, Third Edition
December 13, 2012 - IFAC