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
When Should You and Your Practice Start to Plan Your Succession?When planning for a succession, owners and managers of accounting practices must consider the extent to which they personally interact with clients, says Joel Sinkin, an expert in accounting mergers and acquisitions.
by Joel Sinkin, President, Transition Advisors, LLC | August 15, 2016
New Services for Accounting Firms: It’s about Reliance, Not ComplianceAccounting firms should be marketing those services that matter most to their customers and prospects.
by Dan Morris, Senior Partner and Managing Director, Morris + D’Angelo | August 8, 2016
Accounting Firms in Australia Have Reinvented Themselves & Their Services, and Your Firm Can TooFollowing the path of many Australian accounting firms, accounting firms can grow their business by developing new advisory services while using traditional compliance-type services as their base.
by Peter Docherty, General Manager, Public Practice, CPA Australia | August 8, 2016
The Future of Small Practices & Service OfferingsSurvey results and global evidence demonstrate that advisory and consulting services are important to future practice growth for SMPs—but what types of services are most in demand and what does it mean for the future of SMPs?
by Berend van Aswegen, IFAC SMP Committee Member and Paul Thompson, Director, European Federation of Accountants and Auditors for SMEs | July 22, 2016
News and Resources
There are 1721 news/resources
Technology Can Reinforce the Global Divide. Let’s Use it to Bridge the Gap
World Economic Forum - April 3, 2017
9 Tips for Being More Responsive to Clients
Journal of Accountancy - March 29, 2017
Accountants and Tech: A Game Changer?
Strategic Finance - March 27, 2017
IMA Salary Surveys
Institute of Management Accountants - March 27, 2017
Fintech, the Buzzword Finance Loves and Hates: QuickTake Q&A
Bloomberg - March 27, 2017
Data Analytics Adopters Brave Obstacles
CFO.com - March 27, 2017
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