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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
Eric Feldman, CFE, Managing Director of Corporate Ethics and Compliance Programs at Affiliated Monitors, discusses the distinct relationship between a strong ethics/compliance program and a company's bottom line.
Iran is up, America is down, North Korea isn't as bad as you think. But what do numbers rating the stability of a country really mean?
This paper explores the business risk of association with economic war crimes as supply chains lengthen and activist interest grows.
The push continues for internal auditors to focus on strategic risks, but compliance duties are standing in the way
Provides a series of articles on crisis management and business continuity, as well as links to additional resources.
Provides insights from professionals and thought-leaders in key roles in the early phases of the transition to the 2013 Framework and is intended to assist senior-level financial executives as they plan and execute their own transition in the months ahead.
The Cyber Essentials scheme provides businesses small and large with clarity on good basic cyber security practice. By focussing on basic cyber hygiene, your company will be better protected from the most common cyber threats.
- Small Firms Slower to Adopt New Internal-Control Guidelines
June 17, 2015 - Wall Street Journal CFO Journal
- Cost of Cyber Security Breaches More than Doubles
June 4, 2015 - Economia
- Improve Your Data Security and Keep the Hackers Out
June 1, 2015 - In the Black
- New Report from IFAC Tackles Risk Management
May 19, 2015 - Accounting Web
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