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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 infographic offers insights into how forward-thinking firms are finding, recruiting and retaining the Millennials who are the future of the profession.
In an increasingly complex business and regulatory environment, some audit practitioners find that specialization reduces their risk while lowering their costs.
Whether you are buying or selling, these tips can help you navigate the potential pitfalls on the road to closing the deal.
Online Accounting Systems: Accounting for Cloud Security
September 1, 2015 - Journal of Accountancy
Cloud-based accounting solutions for your practice.
Firms should consider niche development and service specialization as tools to drive practice growth and help tackle challenges such as addressing seasonality and workload compression.
10 reasons why Millennials need CPA assistance.