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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
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Trategically managing crises is an essential responsibility of governments.
This OECD Recommendation and its Companion Document provide guidance for all stakeholders on the economic and social prosperity dimensions of digital security risk.
This report endeavours to measure, and to describe, transnational corruption based on data from the 427 foreign bribery cases that have been concluded since the entry into force of the OECD Anti-Bribery Convention in 1999.
This report examines what countries have achieved in terms of strengthening resilience through better risk management and identifies persisting challenges.
Analyses the corporate governance framework and practices relating to corporate risk management, in the private sector and in state-owned enterprises.
Principles to promote good governance in the entire procurement cycle, from needs assessment to contract management. Also includes a checklist for implementing an integrity framework throughout the entire public procurement cycle and provides a map of risks that can help auditors prevent, as well as detect, fraud and corruption.
- Cybersecurity Startups Set for Surge
June 8, 2016 - Forbes
- Sharpening the Board’s Role in Cyber-Risk Oversight
June 6, 2016 - Risk & Compliance Journal
- G-7 Nations Race to Bolster Security against Cyberattacks in Finance
May 23, 2016 - Wall Street Journal
- Good Internal Control Can Help Reduce Audit Fees
May 5, 2016 - FEI Daily
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