Enhanced search function
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.
|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
Defines the risk committee concept and highlights the value of these committees, as well as regulations and potential challenges.
The essence of profiling is that you need to know who you are dealing with – in other words, who your customers really are. Not only do you need to verify your customer’s identity, more importantly, you need to identify who ultimately “controls” your customer.
Computer hacking is often seen as a threat from outside a company, but large internal security lapses by current and former employees also loom. Threats abound, such as advisers with easy access to client data, employees' home computers that are linked to the company's systems, access by IT staffers to corporate systems and Wi-Fi that exposes a business to threats.
Read more on how to apply the 17 COSO 2013 Framework fundamental principles.
Get Your AAAs in Gear Staying Ahead of Targeted Cyber Attacks
February 3, 2015 - Accountancy Ireland
The CFO's role in the battle against cyber-crime
Policies, controls, and culture must all work together to withstand the inevitable pressures when they arise.
Do you have the knowledge and skills needed to effectively help companies protect themselves against data breaches? Take this quiz to find out.
- Using Three Lines of Defense to Manage Internal Controls
July 9, 2015 - Journal of Accountancy
- 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
Discover More Resources
Types of Resources