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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||
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
Andrew Bird, the MD of Crowe Horwath Risk Consulting UK and Marjella Alma, the CEO of eRevalue explain emerging issues and how a dramatic business response and game changing technology solution creates value.
Risk Management & Reporting
October 28, 2016 - EY
This report highlights new developments in the area of risk management.
Strong internal controls are vital for small organizations, and using the framework created by the Committee of Sponsoring Organizations of the Treadway Commission can help these entities manage risk. Companies can get started by setting the right organizational tone, giving employees a way to raise concerns and making relationship-building a priority.
Cyber Attack Survival Guide
October 3, 2016 - Financial Times
A cybersecurity survival guide highlights warning signs of a possible attack, provides immediate response tips, and explains how to keep your cybersecurity up-to-date after an attack.
This report highlights four key public policy areas for improvement to the effectiveness and capabilities of anti-money laundering (AML) in the UK.
ICAEW highlights the current top five cyber threats that you should be aware of if your are a small business owner.
More and more companies are running into serious problems that have real financial costs as a result of improper or insufficient intercompany accounting practices, according to this Deloitte report.
- Call for Clarity on Use of Aid Cash in Public-Private Development Schemes
November 18, 2016 - Public Finance International
- Blockchain Technology: Everything You Need to Know
November 11, 2016 - In the Black
- New Path for CPAs in Cyber Risk Management
November 11, 2016 - Journal of Accountancy
- Cybercriminals Eagle Eye the Accounting Profession
November 7, 2016 - Accounting Web
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Types of Resources