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. See the full overview.
by Vincent Tophoff, Senior Technical Manager, IFAC | October 30, 2017
The Committee of Sponsoring Organizations of the Treadway Commission (COSO)’s newly updated Enterprise Risk Management Framework takes important steps toward ensuring risk is managed as an integrated part of managing an organization.
There are 39 articles
Accountants as Partners in Crime Prevention & ReportingSamantha McDonough shares some key corruption indicators that can help accountants capitalize on their ability to spot anomalies or irregular activity through their preparation of financial information to help prevent and report crime.
by Samantha McDonough, Professional Standards Support Manager, Chartered Institute of Management Accountants | May 21, 2015
Just Released and Right on Time: IFAC Thought Paper on Integrating Risk ManagementIFAC just released a new thought paper arguing that the management of risk should be an integral part of managing an organization.
by Vincent Tophoff, Senior Technical Manager, IFAC | May 8, 2015
Management Accounting, Risk Management, and Internal Control—It’s What We Do!For the third year in a row, we will be presenting on risk management and internal control at IMA's annual conference, this year in Los Angeles on June 20-24.
by J. Stephen McNally, Finance Director and Controller, Campbell Soup Company and Vincent Tophoff, Senior Technical Manager, IFAC | May 4, 2015
Разнообразие ресурсов для борьбы с мошенничеством в сфере финансовой отчетностиМошенничество в сфере финансовой отчетности встречается относительно редко, но остается серьезной проблемой. Исследование Комитета спонсорских организаций Комиссии Тредуэя (COSO) определило, что в среднем совокупный убыток от такого рода...
by Автор — Синди Форнелли (Cindy Fornelli), исполнительный директор Центра качества аудита | April 21, 2015
What Is Driving the Future of Risk Management? Your Opinion CountsRIMS, the risk management society, is asking professional accountants to respond to a survey on risk management trends.
by Vincent Tophoff, Senior Technical Manager, IFAC | February 12, 2015
News and Resources
There are 619 news/resources
Improving Government Decision Making through Enterprise Risk Management
IBM Center for the Business of Government - March 27, 2017
Best Practices to Improve Cybersecurity
CGMA Magazine - March 27, 2017
Guide to Effective Risk Management 3.0
Risk Academy - March 2, 2017
The International Federation of Accountants (IFAC), Risk Management and ISO 31000
ISO - February 16, 2017
Five Practical Tips for Strong Cyber Security
ICAS - February 14, 2017
ProbabilityManagement - February 3, 2017
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