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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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Brighten your firm’s future with six unity strategies.
Firms need planning and persistence to survive on the most competitive battlefield in recent memory for hiring skilled accountants.
From renegotiating contracts to hiring part-time staff, these suggestions can help boost the bottom line.
In an increasingly complex business and regulatory environment, some audit practitioners find that specialization reduces their risk while lowering their costs.
Online Accounting Systems: Accounting for Cloud Security
September 1, 2015 - Journal of Accountancy
Cloud-based accounting solutions for your practice.
Whether you are buying or selling, these tips can help you navigate the potential pitfalls on the road to closing the deal.
Start by promoting the right people to be managers.