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.
Despite all the unpredictability in 2016, the accounting profession was still fairly optimistic—all things considered.
There are 104 articles
When Should You and Your Practice Start to Plan Your Succession?When planning for a succession, owners and managers of accounting practices must consider the extent to which they personally interact with clients, says Joel Sinkin, an expert in accounting mergers and acquisitions.
by Joel Sinkin, President, Transition Advisors, LLC | August 15, 2016
New Services for Accounting Firms: It’s about Reliance, Not ComplianceAccounting firms should be marketing those services that matter most to their customers and prospects.
by Dan Morris, Senior Partner and Managing Director, Morris + D’Angelo | August 8, 2016
Accounting Firms in Australia Have Reinvented Themselves & Their Services, and Your Firm Can TooFollowing the path of many Australian accounting firms, accounting firms can grow their business by developing new advisory services while using traditional compliance-type services as their base.
by Peter Docherty, General Manager, Public Practice, CPA Australia | August 8, 2016
The Future of Small Practices & Service OfferingsSurvey results and global evidence demonstrate that advisory and consulting services are important to future practice growth for SMPs—but what types of services are most in demand and what does it mean for the future of SMPs?
by Berend van Aswegen, IFAC SMP Committee Member and Paul Thompson, Director, European Federation of Accountants and Auditors for SMEs | July 22, 2016
News and Resources
There are 1741 news/resources
Tech Champion Reveals Practice Efficiency Tips
Accounting Web - April 27, 2017
How Can You Digitally Reinvent Your Operating Model?
IBM - April 27, 2017
Staff Retention: Small Accounting Practices Have Scale on Their Side
In the Black - April 27, 2017
How Are Banks Embracing AI?
ICAS - April 25, 2017
Divided We Fall, Distributed We Stand. The Professional Accountant's Guide to Distributed Ledgers and Blockchain
ACCA - April 25, 2017
Memorandum of Understanding between Canadian CPA Bodies and the Institute of Chartered Accountants of Pakistan
CPA Canada - April 24, 2017
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