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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 how accountants who perform audits gain a wealth of information about their clients, information that they can use to the benefit of businesses and themselves. Also available in French.
This article shows accountants how to make the transformation from dwindling commodity to future-proofed consultant.
This article examines how a firm might go about selling their services overseas.
Don't Cloud the Issue
February 21, 2014 - Institute of Chartered Accountants in England and Wales
This article looks at some of the misconceptions surrounding cloud computing.
Determining a Selling Price for Your Financial Planning Firm
February 13, 2014 - WealthManagement.com
This article looks at one of the most challenging aspects when preparing your financial advisory practice for sale, coming up with a proper value.
In this video, John Napolitano, CEO of US Wealth Management, discusses the mistakes accounting firms make when they head into the world of financial planning.
As commodity accounting disappears and online accounting rises, there’s both a pressure and an opportunity for accountants to specialise. - See more at: http://pubacct.org.au/spotting-your-niche/#sthash.oyGLut4K.dpuf