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 119 articles
Digital Technologies’ Implications for SMPsEmerging technologies, including data analytics, blockchain, artificial intelligence, and machine learning will impact the accountancy profession and SMPs.
by Paul Thompson, Director, European Federation of Accountants and Auditors for SMEs | June 28, 2017
What Can the European Profession Learn from the 2016 IFAC Global SMP Survey?How do the IFAC Global 2016 SMP Survey results for Europe compare to the global view—and what can professional accountancy organization learn?
by Bodo Richardt, President, European Federation of Accountants and Auditors for SMEs and Paul Thompson, Director, European Federation of Accountants and Auditors for SMEs | May 15, 2017
The Power of Technology: Enhancing Business PerformanceThe power of technology is helping measure aspects of business performance never dreamed of a decade ago.
by Jeanne Boillet, Audit Partner & Global Assurance Innovation Leader, EY | April 28, 2017
Accountants Optimistic Despite ChallengesDespite all the unpredictability in 2016, the accounting profession was still fairly optimistic—all things considered.
by Johnny Yong, Technical Manager, Global Accountancy Profession Support, IFAC and Monica Foerster, Chair, IFAC SMP Committee | April 24, 2017
News and Resources
There are 1788 news/resources
Blockchain Might Remake Accounting. The Opportunities Are Huge.
Business Learning Institute - August 14, 2017
Augmenting Our Skills with Artificial Intelligence
CPA.com - August 14, 2017
AI: The New Normal
In the Black - August 14, 2017
How Can You Measure the Worth of the Profession?
ICAS - August 11, 2017
Ethics and Trust in a Digital Age
ACCA - August 11, 2017
How Blockchain Will Change CPAs’ Work
Journal of Accountancy - August 10, 2017
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