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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
Computers, servers and the Internet are indispensable tools for financial professionals – and they are under relentless attack. For accountants, measures must be taken to ensure that the sensitive personal and corporate financial information they handle is safe: accountants need to be at the forefront of cybersecurity.
5 Ways CPAs Can Add Value in the Event of a Cybersecurity Attack
September 16, 2015 - AICPA Insights
CPAs are well equipped to strengthen the process and evaluate cybersecurity risks.
The NBA bundles the collective knowledge of Dutch professional accountants to timely identify risks, either in economic sectors or related to particular governance themes.
This report will help readers benchmark their department’s activities and team skill levels with those of other organizations in their regions and around the world.
This SMA provides board members, corporate executives, and the risk, compliance, and audit professionals who support them, with a set of guidelines, best practices, and practical examples for developing and implementing an effective risk appetite statement framework.
This report provides insights from thought leadership in the industry and findings from the 2015 Global Internal Audit Common Body of Knowledge Practitioner Survey, the largest survey of internal auditors in the world.
Cybercriminals have shown what it takes to operate effectively, so let’s turn their weapons of technology, cooperation and agility against them, says Alister Shepherd.
- Deloitte CFO Insights: Facing (and Embracing) Strategic Risks
February 3, 2016 - CFO Innovation
- Role of Internal Auditor in Internal Control System of Companies
January 27, 2016 - Financial Express
- COSO-Guided Cybersecurity: Risk Assessment
January 27, 2016 - Wall Street Journal Risk & Compliance Journal
- Forensic Data Analytics and the Human Factor
January 25, 2016 - The Accountant
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