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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
Marc Rosenberg, president of the Rosenberg Associates, discusses succession planning, mergers, firm growth, income per partner and other major trends in the accounting profession from the Rosenberg Survey, in an interview with Accounting Today editor-in-chief Dan Hood.
Three key ways accountants can assist their clients in securing a business loan.
Accountants must be able to develop new business processes, service offerings, and ways to leverage technology.
This guide introduces some of the advantages and disadvantages of cloud computing to assist businesses in deciding whether or not to move to “the cloud”. It is important to have a clear reason for switching to “the cloud” and to define what the business hopes to achieve from such a switch.
Tools to find appropriate applications or solutions which can support your business and to support knowledge structuring and ease exchange and communication between SMEs, experts or providers.
Scott Fleszar of Thomson Reuters Tax & Accounting discusses how accountants and tax practitioners can continue to provide value to their clients as advisors, in an interview with Accounting Today editor-in-chief Dan Hood.
Here's how firms can measure the profitability of their engagements, service lines, and clients.