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.
Information and best practice tips to help small- and medium-sized practices attract new clients, identified in the IFAC Global SMP survey as one of the top challenges firms face.
There are 124 articles
Finding Talent, Keeping TalentSMPs must address the challenges of finding and retaining high-quality staff including setting the right tone at the top.
by George Willie, Managing Partner, Bert Smith & Co., Mats Olsson, IFAC SMP Committee Deputy Chair and Partner, Adrian & Partners AB, Monica Foerster, Chair, IFAC SMP Committee and Robyn Erskine, Partner, Brooke Bird & SMP Committee Ethics Task Force Chair | October 3, 2016
Research Insights—The Role of SMPs in Providing Business Support to SMEsAn updated research report explores the latest literature on the role of small- and-medium practices (SMPs) in the provision of business support to small- and medium-sized entities (SMEs).
by Catalin Albu, Professor of Accounting, Bucharest University of Economic Studies, Romania and Nadia Albu, Professor of Accounting, Bucharest University of Economic Studies, Romania | October 3, 2016
IFAC's SMP Research InsightsIn this IFAC Gateway Roundtable Series, members of the IFAC Small and Medium Practices Committee discuss the challenges of attracting new clients, creating new services, and adapting to technological change–most importantly, how the data in the ...
by Antoni Gómez, Chairman of Auren & IFAC SMP Committee Member, Dr. Hajj Twaha Kigongo Kaawaase, Partner, Sejjaaka, Kaawaase & Co. and Giancarlo Attolini, Past Chair, IFAC SMP Committee | September 19, 2016
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
News and Resources
There are 1805 news/resources
Five Ways to Reduce Employee Turnover
CGMA Magazine - July 24, 2017
How AI Is Reshaping The Accounting Industry
Forbes - July 21, 2017
Boomer’s Blueprint: Blockchain—Hype or Reality?
Accounting Today - July 17, 2017
Three Reasons to Embrace Cloud-Based Technology
AICPA Insights - July 13, 2017
US Accounting Standards Body Weighs New Digital Currency Rules
CoinDesk - July 13, 2017
ICAEW - July 11, 2017
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