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 Rodney Irwin, Managing Director of Redefining Value and Education, World Business Council for Sustainable Development | May 4, 2018
Companies who understand and manage their risks fair better in the global economy and at home—in many cases, they attract better employees and better investments, which often translate into growth and sustained success.
There are 760 articles
Three Imperatives for Taxing the Digital EconomyThe digital revolution is transforming economies and the lives of citizens. With a new OECD Consultation document open for public comment through March 1, IFAC CEO Kevin Dancey outlines three considerations for developing a coherent, global tax...
by Kevin Dancey, Chief Executive Officer, IFAC | February 15, 2019
Building a Future-Ready PAOThe accountancy profession needs to adapt in a meaningful way to changing demographics, technology, and other recent trends.
by Joseph Bryson, Director, Quality and Membership, IFAC and Manuel Arias , Technical Manager, Quality & Development, IFAC | February 14, 2019
Seeking Feedback on Modernized AUP StandardThe IAASB seeks feedback on its Exposure Draft of proposed ISRS 4400 (Revised), Agreed-Upon Procedures Engagements, which enhances key concepts in the standard, including the role of professional judgment, disclosures relating to practitioners...
by Jasper van den Hout, Principal, International Auditing and Assurance Standards Board | February 13, 2019
How the Accountancy Profession Is Contributing to the Sustainable Development Goals in South AsiaIFAC, the South Asian Federation of Accountants (SAFA), and the Institute of Certified Management Accountants of Sri Lanka, co-organized an SDG workshop in October 2018 to explore how the accountancy profession has been contributing to the SDGs...
by Adrian Lim, Technical Manager, Quality & Development, IFAC and Arjuna Herath, Chair, IFAC PAO Development Committee & Senior Partner, Ernst & Young, Sri Lanka and Maldives | February 12, 2019
What More Can the Accountancy Profession Do to Address the Audit Expectation Gap?Michael Izza, Chief Executive of the Institute of Chartered Accountants in England and Wales, shares his thoughts on the audit expectation gap and how we can move forward to address it.
by Michael Izza, FCA, Chief Executive, ICAEW | February 5, 2019
News and Resources
There are 10060 news/resources
How Are Big Data and AI Transforming Accounting and Finance?
CPA Canada - February 14, 2019
The Tax Function of the Future
BDO - February 14, 2019
IMA Releases Enhanced Management Accounting Competency Framework for Professionals in the Digital Age
Institute of Management Accountants - February 14, 2019
A CPA’s Introduction to AI: From Algorithms to Deep Learning, What You Need to Know
AICPA, CPA Canada - February 12, 2019
Re-Inventing Finance for a Digital World
CGMA - February 12, 2019
Watchlist for Future Finance Innovators
Financial Management Magazine - February 12, 2019
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