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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
Boards should ensure they have sufficient cybersecurity information and expertise to ask the right questions of management, writes Dan Swanson.
This report, the first in a series of signature research reporting, will give insight into the challenges and opportunities of SoMoClo for finance professionals and encourages people around the world to experiment and discover opportunities for themselves.
How Can Big Businesses Protect Themselves from a Data Breach?
November 5, 2015 - The New Economy
A modern cyber security strategy should be in place before a crisis strikes
This report offers current global analysis of the importance of fraud risk to internal audit and stakeholders.
This report provides insights into the status of risk management and the role of internal audit around the world.
Recent research brings new insights into fraud prevention and detection.
A series of steps organizations can take to reinforce their ability to bounce back from disaster.
- 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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Types of Resources