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 127 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 1820 news/resources
Blockchain: Much More than Bitcoin
ICAS - July 31, 2017
Tips for Better Client Meetings
Boomer Consulting Inc. - July 27, 2017
Redrawing the Lines: FinTech’s Growing Influence on Financial Services
PwC - July 24, 2017
Five Ways to Reduce Employee Turnover
CGMA Magazine - July 24, 2017
How AI Is Reshaping The Accounting Industry
Forbes - July 21, 2017
Boomer’s Blueprint: Blockchain—Hype or Reality?
Accounting Today - July 17, 2017
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