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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
This article, recognizing that many accountants are just not interested in social media, explores whether their cynicism is justified.
This article explains that a tactical, strategic, and well-managed approach is critical for consistently winning new business.
This three-part series of articles debunks some of the myths around marketing to build a start-up practice.
This article summarizes a presentation by Tim Gullifer, former president of the Institute of Chartered Accountants in Australia. In it, he explains the need for accountants to create a digital strategy, consider client adoption of technology, and move 100 percent of internal systems to the cloud.
Sustainability: Challenges and Opportunities for SMPs and SMEs
September 4, 2013 - IFAC
SMEs that integrate sustainability into their core business strategy can benefit from lower costs, reduced risk, and new opportunities. And their accountants, typically operating in small- and medium-sized practices (SMPs), can play a key role in their journey.
This article explains the key considerations when buying, merging, or consolidating with another accounting firm.
This article provides suggestions for getting started on social media.