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.
Despite all the unpredictability in 2016, the accounting profession was still fairly optimistic—all things considered.
There are 104 articles
Insolvency and Restructuring: Necessary for EconomiesInsolvency services, frequently provided by accountants, are in demand during both good and bad economic times.
by Robyn Erskine, Partner, Brooke Bird & SMP Committee Ethics Task Force Chair | December 13, 2016
Digital CPA Will Unveil the “Anticipatory Accountant”Digital CPA 2016 will teach accountants to be anticipatory and prepare for the future of our profession.
by Tom Hood, Executive Director & CEO, Maryland Institute of CPAs | November 14, 2016
SMPs Can Add Value with New ServicesDeveloping broader skillsets and providing advisory services can help SMPs add even more value to their clients’ business, and help bring alive more traditional services like compliance and reporting.
by Peter Docherty, General Manager, Public Practice, CPA Australia | October 31, 2016
News and Resources
There are 1721 news/resources
How Can You Digitally Reinvent Your Operating Model?
IBM - April 27, 2017
How Are Banks Embracing AI?
ICAS - April 25, 2017
Divided We Fall, Distributed We Stand. The Professional Accountant's Guide to Distributed Ledgers and Blockchain
ACCA - April 25, 2017
Memorandum of Understanding between Canadian CPA Bodies and the Institute of Chartered Accountants of Pakistan
CPA Canada - April 24, 2017
How Artificial Intelligence Will Change Everything
Wall Street Journal - April 24, 2017
How Blockchain Technology Could Change Our Lives
European Parliament - April 20, 2017
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