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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
Clive Lewis FCA, head of enterprise at ICAEW, outlines the three main reasons for preparing a business plan and the key components to include.
A short overview of Google Analytics to give you a better understanding of it's terminology.
Guide to starting your own practice.
What is the best way to seat the Executive Committee?
In today’s accounting profession, processes that used to rely on reams of paper and shoeboxes full of receipts now rely on client portals and electronic workflow tools.
Hiring a CFO could help you take your business to the next level and enjoy more profitability than ever before. So the question is, how do you know if you should hire a CFO?
What’s the best way to protect oneself from becoming the “bad guy” in a lawsuit by a client?