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||
The importance of sustainability and corporate responsibility continue to gain recognition; indeed, organizations that embrace sustainability can enhance their reputation with stakeholders and their value. The intersection of business and sustainability has three key dimensions: economic viability, social well-being, and environmental responsibility. Accountants work in this area to help embed sustainability factors into an organization’s strategy and decision-making processes to achieve sustainable value creation. See the full overview.
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | July 18, 2016
The launch of the Natural Capital Protocol should spark professional accountants to help businesses respond to natural capital impacts and dependencies—the sustainability of organizations, economies, and societies depends on it.
There are 528 articles
Well-Managed Government Is Critical to Functioning SocietiesPoor public sector financial management create fundamental problems in society.
by Ian Ball, Chairman, CIPFA International | March 27, 2017
Navigating Principles-based Standards in Financial ReportingOrganizations are increasingly applying principles-based standards in financial reporting, and a new practical guide from ICAS can help those involved in financial reporting make professional judgments.
by Alice Telfer, Head of Business and Public Sector, ICAS and Michelle Cricket, Director of Research, ICAS | March 27, 2017
Strong PFM Requires End-to-end Financial LiteracyPolitical and constitutional systems vary markedly across the EU; so too do public financial management (PFM) structures. The common thread is the need to ensure effective democratic accountability and encourage greater public transparency.
by Dr Susanna Di Feliciantonio, Head of EU Public Affairs, ICAEW | March 16, 2017
Building Trust through Agreed-Upon ProceduresFeedback from small- and medium-sized accounting practices and entities, SMPs and SMEs, is a crucial step in developing an agreed-upon procedures standard that suits, and allowing SMPs and SMEs to more fully realize the potential of these...
by Bodo Richardt, President, European Federation of Accountants and Auditors for SMEs and Paul Thompson, Director, European Federation of Accountants and Auditors for SMEs | March 13, 2017
News and Resources
There are 9419 news/resources
AICPA Proposal Raises the Ethical Bar
Audit Conduct - March 30, 2017
The Trickle Down Effect–IFRS and Accounting by SMEs
European Federation of Accountants and Auditors for SMEs - March 29, 2017
9 Tips for Being More Responsive to Clients
Journal of Accountancy - March 29, 2017
CIPFA Lunch Time Webinars
Chartered Institute of Public Finance and Accountancy - March 28, 2017
Pursuing the Conversation on the Future of Corporate Reporting
Accountancy Europe - March 27, 2017
Public Finances in Practice–Insights from Senior European Public Finance Professionals
Institute of Chartered Accountants in England and Wales - March 27, 2017
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