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IFAC FOCUS AREAS
- Accountability. Now.
- 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
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2015 Financial Benchmarking Report–Accountancy Firms
September 10, 2015 - Business Sense
The report, which was produced in association with chartered accountant Robert Mowbray and global legal technology vendor Rekoop, reviews a wide range of SME-level accounting firms in England, Scotland and Wales examining fees, profits and finances in order to get a broad view of the sector.
Provides leaders with great insight about driving inclusive behaviour and thinking which translate into future business success.
Report illustrates the size and current state of the accountancy profession, and how it has evolved over recent years. It brings together data on the major audit firms and seven accountancy bodies including, those who offer audit qualifications and those who register and supervise audit firms.
Key Findings from the 2014 Wolters Kluwer, CCH — Accounting Firm Preparedness Survey.
Survey asked SMPs questions about the challenges they face, the market factors and technologies most likely to affect them in the future, the consulting services they provide, and their performance, both in 2014 and projected for the year ahead. In addition, respondents were asked about their SME clients, including questions around the challenges they face, exposure to financial crimes, access to finance, and the extent of their international operations. The report includes a summary of overall insights and notable highlights by region and size of practice.
ICAEW Launches Tomorrow’s Practice, a report focusing on investigating the areas of change affecting the profession.
This report looks at how companies can position themselves to make the most of the sharing economy.