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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
For all but the most tech-averse souls, smartphones and tablets have become an integral part of CPAs’ daily lives. This development can be attributed in large part to the quality of the applications available for mobile devices. Here are five apps that will help CPAs take their mobile productivity to the next level.
This article provides basic information on how to prepare a business for digital disruption
Increasing Your Firm's Billings and Book of Business
March 17, 2014 - Accounting Today
In this video, accounting firm management consultant Jay Nisberg offers some tips for how firms can persuade partners to bring in more business and revenue from clients.
This video explains that successful expansion plans require at least three critical elements: (1) identify the right set of services (2) for a needful target market (3) delivered through the appropriate distribution methods.
This article looks at how practices starting out should set their fees to cover their costs and generate a sufficient profit.
This article provides six recommendations as to what accounting firms should do if they want to pave their own path to business development.