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. See the full overview.
Information and best practice tips to help small- and medium-sized practices attract new clients, identified in the IFAC Global SMP survey as one of the top challenges firms face.
There are 139 articles
Digital CPA Will Unveil the “Anticipatory Accountant”Digital CPA 2016 will teach accountants to be anticipatory and prepare for the future of our profession.
by Tom Hood, Executive Director & CEO, Maryland Institute of CPAs | November 14, 2016
SMPs Can Add Value with New ServicesDeveloping broader skillsets and providing advisory services can help SMPs add even more value to their clients’ business, and help bring alive more traditional services like compliance and reporting.
by Peter Docherty, General Manager, Public Practice, CPA Australia | October 31, 2016
Accounting Services for Distressed Businesses, IndividualsHelping business and individuals in financial distress is a fundamental part of what accountants are well positioned to do.
by Robyn Erskine, Partner, Brooke Bird & SMP Committee Ethics Task Force Chair | October 14, 2016
Finding Talent, Keeping TalentSMPs must address the challenges of finding and retaining high-quality staff including setting the right tone at the top.
by George Willie, Managing Partner, Bert Smith & Co., Mats Olsson, IFAC SMP Committee Deputy Chair and Partner, Adrian & Partners AB, Monica Foerster, Chair, IFAC SMP Committee and Robyn Erskine, Partner, Brooke Bird & SMP Committee Ethics Task Force Chair | October 3, 2016
News and Resources
There are 1836 news/resources
AI: The New Normal
In the Black - August 14, 2017
How Can You Measure the Worth of the Profession?
ICAS - August 11, 2017
Ethics and Trust in a Digital Age
ACCA - August 11, 2017
How Blockchain Will Change CPAs’ Work
Journal of Accountancy - August 10, 2017
The Road to Finance Transformation
CFO.com - August 9, 2017
IMA and NABA Announce Memorandum of Understanding
Institute of Management Accountants - August 8, 2017
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