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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.
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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
It’s the Year 2020…How’s Your Cybersecurity?
May 3, 2016 - The Conversation
A.T. Kearney Issues “Pragmatic Approach to Supply Risk Management” Study
April 29, 2016 - Supply Chain Management Review
Digital Finance: Meeting Ethics and Compliance Challenges in Financial Services
April 28, 2016 - The Economist
Companies Not Doing Enough to Protect Themselves from Fraud, According to EY Report
April 19, 2016 - Economia
Hong Kong: Demand for Accountancy and Risk Management Professionals on the Rise
April 18, 2016 - Staffing Industry Analysts
61% of Economic Crimes Committed by Employees: Survey
April 16, 2016 - Business Standard
Four Cybersecurity Pitfalls to Avoid
April 1, 2016 - AICPA Insights
Anti-Fraud Controls Cut Significantly into Losses, New Report Finds
March 30, 2016 - Journal of Accountancy
Small Firms Unprepared for Dealing with Data Breaches
March 24, 2016 - Experian
The Miner’s Friend
March 23, 2016 - Association of Chartered Certified Accountants
- 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