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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
NY Times Best-Selling Author Daniel Burrus discusses the pace of change and how accounting and finance professionals can learn anticipation.
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.
Robert Half and the American Institute of CPAs (AICPA) surveyed accounting and finance staff to learn what motivates them in the workplace. The survey results provide essential insights into what factors make employees want to build a career with a company.
Chris Rush of ADP discusses how firms should fill the open positions on their staff, in an interview with Accounting Today editor-in-chief Dan Hood.
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.