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.
Information and best practice tips to help small- and medium-sized practices attract new clients, identified in the IFAC Global SMP survey as one of the top challenges firms face.
There are 137 articles
An SMP Perspective on Proposed Changes to the IESBA Code of EthicsGiven recent proposals from the International Ethics Standards Board for Accountants with potential changes for the Code of Ethics for Professional Accountants, small- and medium-sized practices need to start preparing for some of the more...
by Johnny Yong, Technical Manager, Global Accountancy Profession Support, IFAC and Robyn Erskine, Partner, Brooke Bird & SMP Committee Ethics Task Force Chair | September 25, 2017
Transforming Challenges into Opportunities: Fee PressureInformation and best practice tips to help small- and medium-sized practices contend with pressure to lower fees, a top global challenge.
by Christopher Arnold, Head of SME/SMP and Research, IFAC and Mats Olsson, IFAC SMP Committee Deputy Chair and Partner, Adrian & Partners AB | September 11, 2017
Technology Brings Opportunities to Attract Young TalentWhile bracing for the change technology brings, firms, especially small- and medium-sized practices, need to also embrace the opportunities it brings.
by Antoni Gómez, Chairman of Auren & IFAC SMP Committee Member | August 28, 2017
News and Resources
There are 1831 news/resources
Big Data, Analytics, AI and the Finance Professional
CGMA Magazine - October 23, 2017
How Artificial Intelligence Is Changing Accounting
Journal of Accountancy - October 23, 2017
The Rush to Digital: A Clear Vision Is Needed
ACCA - October 23, 2017
Get Ready for the Accounting Bots
ACCA - October 23, 2017
Want to Keep Staff? Get Them Involved
Accounting Today - October 23, 2017
Cloud Accounting: Way of the Future or a Tool for Now?
CPA Practice Advisor - October 23, 2017
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