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
Transforming Challenges into Opportunities: CompetitionInformation and best practice tips to help small- and medium-sized practices address competition challenges, one of the top global challenges per the IFAC Global SMP survey.
by Christopher Arnold, Head of SME/SMP and Research, IFAC and Mats Olsson, IFAC SMP Committee Deputy Chair and Partner, Adrian & Partners AB | October 3, 2017
An SMP Perspective on Proposed Changes to the IESBA Code of EthicsGiven recent proposals from the International Ethics Standards Board for Accountants with potential changes for the Code of Ethics for Professional Accountants, small- and medium-sized practices need to start preparing for some of the more...
by Johnny Yong, Technical Manager, Global Accountancy Profession Support, IFAC and Robyn Erskine, Partner, Brooke Bird & SMP Committee Ethics Task Force Chair | September 25, 2017
Caribbean Accountancy: Staying Ahead of the CurveWhat does a future ready professional accountancy organization (PAO) look like?
by Dana Jensen, Assistant Technical Manager, Quality & Development, IFAC and Misha Lobban Clarke, Chief Executive Officer, Institute of Chartered Accountants of the Caribbean | September 25, 2017
News and Resources
There are 1804 news/resources
Guide to Practice Management for Small- and Medium-Sized Practices, Third Edition
IFAC - December 13, 2012
Blockchain: Living Up to the Hype
Economia - October 11, 2017
How Artificial Intelligence Is Changing Accounting
Journal of Accountancy - October 11, 2017
How Accountants Can Become a Platform and Help Small Businesses Beyond Accounting
Accounting Web - October 10, 2017
Will Robots Free Accountants to Be More Creative?
In the Black - October 10, 2017
A+ Magazine - October 10, 2017
Are You Ready to Become a Real Business Adviser?
Accounting Web - October 10, 2017
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