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.
by Catalin Albu, Professor of Accounting, Bucharest University of Economic Studies, Romania and Nadia Albu, Professor of Accounting, Bucharest University of Economic Studies, Romania | October 3, 2016
An updated research report explores the latest literature on the role of small- and-medium practices (SMPs) in the provision of business support to small- and medium-sized entities (SMEs).
There are 100 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 | 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 Member and Partner, Adrian & Partners AB, Monica Foerster, Chair, IFAC SMP Committee and Robyn Erskine, Partner, Brooke Bird | October 3, 2016
News and Resources
There are 1691 news/resources
Next AI-Driven App Talk Lets Users Speak Transactions into Record
Accounting Today - March 3, 2017
Is E-Learning a New Source of Competitive Advantage?
MACPA - March 3, 2017
Save Time with These Productivity Hacks
American Institute of CPAs - March 3, 2017
App Watch on Abacus Next, AuditFile and TALK Accounting
Accounting Web - March 1, 2017
Blockchain: A New Hope, or Just Hype?
World Economic Forum - February 23, 2017
Artificial Intelligence Comes to Financial Statement Audits
CFO.com - February 21, 2017
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