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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.
|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
Jim Gee and Andy Whittaker from PKF Littlejohn's Forensic and Counter Fraud Services team have co-written IBM's new Global Best Practice in Investigations Guide.
ICD Director Journal article explores the journey of audit committees from compliance to governance.
Offers direct access to: -An array of guidance and publications on risk, -Tools and other resources on risk and risk management, and -Information on the Certification in Risk Management Assurance (CRMA
The Internet of Things (IoT) revolution has the potential to be staggeringly transformational and, at the same time, highly disruptive to business. Business value and organizational competitiveness can be derived as enterprises capitalize on these new capabilities to gain more and better business value from IoT devices.
Follow these tips to reduce the chances of the worst happening to your business.
Governance, Risk Management, and Internal Control in the Public Sector
January 20, 2015 - IFAC
IFAC Senior Technical Manager Vincent Tophoff was invited to give a presentation on risk management and internal control in the public sector to the US Interagency Council on Enterprise Risk Management at the White House Conference Center in Washington, DC. The audience was comprised of risk management and internal control managers throughout the various US federal departments and agencies, including the US Treasury and the Office of Management and Budget.
Provides direction on how the Internal Control-Integrated Framework (2013) and the Enterprise Risk Management-Integrated Framework (2004) can help organizations effectively and efficiently evaluate and manage cyber risks.
- 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
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