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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.
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Risk Management & Internal Control
Proper risk management and internal control help organizations understand the risks they are exposed to, put controls in place to counter threats, and effectively pursue their objectives. They are therefore an important aspect of an organization’s governance, management, and operations. Professional accountants can and should play a leading role in helping their organizations achieve an integrated, organization-wide approach to risk management and internal control—which ultimately helps create, enhance, and protect stakeholder value. Read More
COSO ERM Framework Update
August 17, 2016 - Internal Auditor
Security in the Accountancy Sector: How Dealing with Documents Correctly Can Help
August 17, 2016 - Accounting Web
Shining a Brighter Light on Risk
August 3, 2016 - Business Times
Fall in Volkswagen Brand Profit Shows Lasting Effects of Scandal
July 28, 2016 - Reuters
Are You Keeping Up with Your Business Cybersecurity Needs?
July 27, 2016 - SBA.gov
What Is Climate Risk? TCFD Series Part 1
July 27, 2016 - Climate Disclosure Standards Board
The Hidden Costs of a Data Breach
July 25, 2016 - Journal of Accountancy
Welcome to ‘Risk Accounting’
July 22, 2016 - CFO.com
Nearly Six Million Cyber Crimes Committed Last Year, ONS Says
July 21, 2016 - Economia
2016 Global Fraud Study Results
July 21, 2016 - Clifton Larson Allen
- Internal Control-Integrated Framework
May 1, 2013 - Committee of Sponsoring Organizations of the Treadway Commission (COSO)
- Evaluating and Improving Internal Control in Organizations
June 28, 2012 - IFAC
- Evaluating and Improving Governance in Organizations
January 31, 2009 - IFAC
- Defining and Developing an Effective Code of Conduct for Organizations
May 31, 2007 - IFAC