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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. Read More
Provides guidance to small- and medium-sized practices on how to better manage their practice and ultimately operate in a safe, profitable, and professional manner. The publication includes practice management principles and best practices on a comprehensive range of topics, including strategic planning, managing staff, client relationship management, and succession planning.
The EFAA and SKwP survey on pressure attempted to collect evidence to assess the extent of the circumstances which accountants and those in the accounting profession are subject to pressure.
Get an Edge in Recruiting
January 18, 2017 - CGMA Magazine
Intense competition for skilled candidates is creating a need for more efficient hiring practices.
3 "Must-Haves" for Retaining Top Talent
January 18, 2017 - Journal of Accountancy
What must accounting firms and other businesses have in place to persuade their best people to stay? This article examines the key factors in ensuring your organization experiences talent gain, not talent drain.
Cultivating Innovation Skills in Your Workforce
December 14, 2016 - Wall Street Journal
This outlines four effective steps leaders can take to help employees build innovation skills.
Four Strategies to Recruit and Retain Young Professionals Worldwide
December 13, 2016 - CGMA Magazine
A global Deloitte poll of young professionals found talent retention challenges, particularly in emerging economies. These four strategies can turn the challenges into opportunities.
How to Move Past Technology Roadblocks
December 13, 2016 - Journal of Accountancy
Strategies to overcome three roadblocks that keep accountants from capitalizing on technological advances that promise incredible breakthroughs.