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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
The compensation trap that turns winners into losers.
Valuing Our Talent
July 1, 2014 - Chartered Institute of Management Accountants, Chartered Institute of Personnel and Development, Chartered Management Institute, Investors in People, UK Commission for Employment and Skills
The valuing your talent initiative is designed to help businesses better understand the true value of their organisation, by finding a common language and framework for the finance, HR, and management professions, to help maximise the effectiveness of their people and the long-term prospects of the business.
what should accounting leaders do to realize the benefits of web apps in light of the data access risks? Here are some things to consider.
Changing the kind of conversations you have with clients can lead to your firm offering a much wider range of ‘virtual finance director’ services and as a result becoming more profitable.
People are not willing to be loyal to a firm that delivers passable or satisfactory service, but they will remain loyal and will pay for consistently great service, recognition, and attention.
TaxOps CEO and founder Brian Amann discusses the importance of accountants having more of an entrepreneurial spirit, in an interview with Accounting Today managing editor Tamika Cody.