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.
Despite all the unpredictability in 2016, the accounting profession was still fairly optimistic—all things considered.
There are 104 articles
Where Machines Could Replace Accountants—and Where They Can't (Yet)Technology poses a threat to the accountancy profession as automation could replace much of the work accountants do, according to experts—the profession must accelerate its move into tasks and activities less susceptible to automation such as...
by Paul Thompson, Director, European Federation of Accountants and Auditors for SMEs | September 6, 2016
Technology: A Strategic Opportunity to Strengthen the Accountancy ProfessionEmerging technology, and the challenges it brings to organizations and industries, presents many possibilities for the accountancy profession, according to IFAC President Olivia Kirtley.
by Olivia Kirtley, Past President, IFAC | August 23, 2016
Tomorrow’s Firm—Think Big, Think AdvisoryFor many practitioners the busy season is over and it’s time to relax and reflect — reflect on what the future holds for our great profession and consider whether, and if so how, to grow the firm. This future might rest in building advisory and...
by Paul Thompson, Director, European Federation of Accountants and Auditors for SMEs | August 22, 2016
News and Resources
There are 1721 news/resources
5 Emerging Services Set to Transform the Accounting Profession
AICPA Insights - April 11, 2017
Large Businesses Planning to Move Activities Out of the UK, Brexit Survey Reveals
ICAS - April 10, 2017
Nine Must-Have Apps for Business Travelers
ICAS - April 10, 2017
Big Data and Analytics–What’s New?
Institute of Chartered Accountants in England and Wales - April 7, 2017
Our Future Together Industry Perspectives: Future of Professional Learning and Entrepreneurship
Institute of Singapore Chartered Accountants - April 5, 2017
2016 IFAC Global SMP Survey Report & Summary
IFAC - April 5, 2017
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