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
Attracting New Talent to the Accountancy ProfessionProfessional accountants must communicate the excitement, challenges, and rewards of our profession in order to attract new talent, according to Institute of Management Accountants (IMA) Chief Executive, Jeff Thomson. Accountancy is
by Jeffrey C. Thomson, CMA, CAE, IMA President and CEO | January 4, 2017
Micro Learning Is Transforming Professional EducationMicro learning allows professional accountants to receive continuing professional development and education in smaller, more convenient portions that fit their schedules and time constraints.
by Amy Vetter, Global Vice President, Education & Head of Accounting, Xero | January 3, 2017
Insolvency and Restructuring: Necessary for EconomiesInsolvency services, frequently provided by accountants, are in demand during both good and bad economic times.
by Robyn Erskine, Partner, Brooke Bird & SMP Committee Ethics Task Force Chair | December 13, 2016
News and Resources
There are 1788 news/resources
Redrawing the Lines: FinTech’s Growing Influence on Financial Services
PwC - July 24, 2017
Five Ways to Reduce Employee Turnover
CGMA Magazine - July 24, 2017
How AI Is Reshaping The Accounting Industry
Forbes - July 21, 2017
Boomer’s Blueprint: Blockchain—Hype or Reality?
Accounting Today - July 17, 2017
Three Reasons to Embrace Cloud-Based Technology
AICPA Insights - July 13, 2017
US Accounting Standards Body Weighs New Digital Currency Rules
CoinDesk - July 13, 2017
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