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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
Learning needs to adapt to changing realities in the accountancy profession, including how we think of learning, to increase competency. Read More
Digital CPA Will Unveil the “Anticipatory Accountant”
by Tom Hood, Executive Director & CEO, Maryland Institute of CPAs | November 14, 2016 |
Developing 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. Read More
Are Skills Gaps Generational?
by Mark Koziel, Executive Vice President, Firm Services, American Institute of CPAs | October 14, 2016 |
Accountants today need more than technical skills to add value to their firms and the profession. Read More
Accounting Services for Distressed Businesses, Individuals
by Robyn Erskine, Partner, Brooke Bird | October 14, 2016 |
Helping business and individuals in financial distress is a fundamental part of what accountants are well positioned to do. Read More
- Guide to Practice Management for Small- and Medium-Sized Practices, Third Edition
December 13, 2012 - IFAC