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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
This article looks at various ways to maximize the impact of marketing spend including enhancing CRM systems, working with the media, and fine-tuning the firm's website.
This video argues that accounting firms need to let the younger generation know how their work fits into the firm's vision and help them see the big picture.
Jennifer Warawa, VP of partner programs and channel sales at Sage, discusses how accountants need to communicate more frequently with clients so they become more of an "on-demand" resource for their clients, in an interview by Accounting Today Editor-in-Chief Daniel Hood.
How Accountants Today Are Dealing with the Economy
July 12, 2013 - Accounting Today
Bloomberg BNA Executive Editor of Tax & Accounting George Farrah discusses how accountants today are dealing with the economy, technology, globalization and practice management, in an interview with Accounting Today Editor-in-Chief Daniel Hood.
Amit Jain of ADP Small Business Services discusses the challenges of growing an accounting practice, retaining clients, increasing cash flow, recruiting and retaining staff members, and dealing with regulatory complexity, in an interview with Accounting Today Editor-in-Chief Daniel Hood.
CCH Small Firm Services President Jason Marx talks about the challenges that are confronting small accounting firms, including regulatory and tax compliance, technology adoption, and do-it-yourself software, in an interview with Accounting Today editor-in-chief Daniel Hood.
This article presents three ideas to raise the value of soft skills in accounting firms.