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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. Read More
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Overseeing Mergers and Acquisitions: A Framework for Boards of Directors
June 17, 2016 - CPA Canada
This document provides a framework to help directors oversee mergers and acquisitions effectively and ensure shareholder value is maximized.
Accountant's Flight Plan: Best Practices for Today's Firms
June 15, 2016 - CPA Canada
This guide for the sole practitioner and small practice owner provides practical, time-tested strategies to help you take your practice to a higher level.
Improve your understanding of the IT threats facing small businesses and the optimal strategies to mitigate those risks.
Equity-based Alternatives to Stock Options provides an overview of equity-based compensation alternatives for Canadian public companies.
The Future of Accounting Is Here: Is the Profession Ready?
November 7, 2014 - CPA Canada
Virtual firms such as Canada’s Live CA LLP are accounting’s new frontier
This article looks at how accountants who perform audits gain a wealth of information about their clients, information that they can use to the benefit of businesses and themselves. Also available in French.
This article argues that the global marketplace means small- and medium-sized practices have to follow their clients into the foreign fray and move out of their comfort zones. Also available in French.