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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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Courage is the key to success and future readiness.
2015 Financial Benchmarking Report–Accountancy Firms
September 10, 2015 - Business Sense
The report, which was produced in association with chartered accountant Robert Mowbray and global legal technology vendor Rekoop, reviews a wide range of SME-level accounting firms in England, Scotland and Wales examining fees, profits and finances in order to get a broad view of the sector.
From renegotiating contracts to hiring part-time staff, these suggestions can help boost the bottom line.
Firms are often under or over value utilization metrics simply by incorrectly assuming the number of hours in each month or year, but it doesn’t have to be this way.
BKR International looked into the winners and losers in accounting marketing tactics, forecasting what high-growth firms will pursue in 2016.
One of the key challenges in running an international business is to operate globally in a world that is becoming less global than it has been in previous years - this is the view of PricewaterhouseCoopers (PwC) Managing Partner Kevin Ellis.