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.
by Paul Gisby, Manager Accountancy & Tax, Accountancy Europe | February 8, 2017
Cloud computing offers many benefits for SMPs; Accountancy Europe advises on what practitioners should consider when moving to the cloud.
There are 526 articles
Strong PFM Requires End-to-end Financial LiteracyPolitical and constitutional systems vary markedly across the EU; so too do public financial management (PFM) structures. The common thread is the need to ensure effective democratic accountability and encourage greater public transparency.
by Dr Susanna Di Feliciantonio, Head of EU Public Affairs, ICAEW | March 16, 2017
Building Trust through Agreed-Upon ProceduresFeedback from small- and medium-sized accounting practices and entities, SMPs and SMEs, is a crucial step in developing an agreed-upon procedures standard that suits, and allowing SMPs and SMEs to more fully realize the potential of these...
by Bodo Richardt, President, European Federation of Accountants and Auditors for SMEs and Paul Thompson, Director, European Federation of Accountants and Auditors for SMEs | March 13, 2017
Exploring the Demand for Agreed-Upon Procedures EngagementsThe IAASB’s Agreed-upon Procedures Working Group has issued a Discussion Paper and requests input from all stakeholders.
by Christopher Arnold, Head of SME/SMP and Research, IFAC and Jasper van den Hout, Principal, International Auditing and Assurance Standards Board | March 10, 2017
Representing Small Practices—Key Priorities for the SMP CommitteeMonica Foerster, the new Chair of the IFAC Small and Medium Practices Committee, highlights the key activities and projects for the committee in 2017.
by Monica Foerster, Chair, IFAC SMP Committee | March 6, 2017
News and Resources
There are 9395 news/resources
The Listening Project
Accounting and Business - March 9, 2017
Professional Skepticism: A Search for Answers
Audit Conduct - March 7, 2017
CA ANZ CEO on the Future of Cryptocurrencies
Acuity - March 7, 2017
Better Together: Accountants, Advisers and Business Protection for SME clients
Accountancy Age - March 7, 2017
Accrual Practices and Reform Experiences in OECD Countries
Organisation for Economic Co-operation and Development, IFAC - March 6, 2017
4 Keys to the Future of Audit
Thomson Reuters - March 6, 2017
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