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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
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With the right attitude and education, organizations can reduce their risk of being hacked.
Grow your business by setting yourself apart.
Don’t neglect your new practice’s most important asset.
Online resource to help your firm prepare for a successful journey into the future. This e-toolkit will help you find your way through the latest trends on the horizon while embracing generational differences and continuing to meet client needs and expectations.
Guidance on the importance of Quality Control with a panel of experts focusing on firm and engagement quality indicators, common quality control deficiencies and promoting a culture of quality.
This Small Firm Solutions article provides tips for addressing these issues, including developing a practice continuation agreement, streamlining client rosters and training younger staff with leadership potential.
How well does your firm articulate its value to clients? This presents three ways firms can enhance their competitive advantage.