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 536 articles
Accountants Optimistic Despite ChallengesDespite all the unpredictability in 2016, the accounting profession was still fairly optimistic—all things considered.
by Johnny Yong, Technical Manager, Global Accountancy Profession Support, IFAC and Monica Foerster, Chair, IFAC SMP Committee | April 24, 2017
The Corporate Social Responsibility Trade-off MythCorporate social responsibility does not require a trade-off but rather improves the balance between stakeholders.
by Doreen Remmen, CFO, Institute of Management Accountants | April 24, 2017
Reinventing ERM and Internal Audit: Accountants Need to Drive Radical ChangeAccountants need to play lead roles driving radical change toward Objective-Centric Enterprise Risk Management and Internal Audit, argues Tim Leech.
by Tim J. Leech FCPA FCA CIA CCSA CRMA, Managing Director, Risk Oversight Solutions Inc. | April 11, 2017
An Auditor, an Accountant, a Lawyer…and TechnologyConstant progress in the technology, information, and communications systems affects all companies—including professional service firms.
by Antoni Gómez, Chairman of Auren & IFAC SMP Committee Member | April 11, 2017
News and Resources
There are 9471 news/resources
IAASB Data Analytics Video
International Auditing and Assurance Standards Board - April 26, 2017
Brexit: We Need Solutions for the Profession
ICAS - April 25, 2017
How Are Banks Embracing AI?
ICAS - April 25, 2017
Divided We Fall, Distributed We Stand. The Professional Accountant's Guide to Distributed Ledgers and Blockchain
ACCA - April 25, 2017
IFRS Foundation Publishes 2016 Annual Report
IFRS Foundation - April 25, 2017
How AI Will Turn Auditors into Analysts
Accounting Today - April 24, 2017
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