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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
In uncertain financial times, keeping it in the family would seem to be a strong business model. So why, asks Xenia Taliotis, do so few family firms make it into the hands of the third generation?
Tips for utilizing communication strategies in conjunction with their business’ website can help improve CPA engagement with clients year-round,
Five-step process to launching a new practice - Having good people following a process with enough room for innovation almost always leads to success
How to seek referrals from friends and family—without the awkwardness.
Cast a broader net and win more business with digital marketing.
Consultant Ron Baker details ways firms can gauge performance when using value pricing.
Montgomery Coscia Greilich finds productivity on its feet.