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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
The Case for Cultural Intelligence
August 5, 2016 - CGMA Magazine
Business interactions in the age of globalisation can be minefields. A glimpse into the world of cultural intelligence offers strategies for fitting in abroad.
Use these controls to secure your firm’s critical information.
Younger Partners See Succession Differently
July 27, 2016 - CPA Trendlines
Are you acting like an owner or an employee?
What Corporate America knows that CPAs ignore: Training pays.
Mentoring young staff should be a crucial part of the recruiting and retention tool kit of more accounting firms.
How Companies Can Attract and Develop Finance Talent
July 26, 2016 - CGMA Magazine
Responsibilities for career development are changing. Here's what a company should do to attract and develop finance talent.
This tool provides ways to help organizations identify and reduce waste in their processes and procedures and ultimately enhance the value of the organization.