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 | February 12, 2018
Financial modelling that enables an understanding of how a Product-as-a-Service model can be viable and represented by financial statements will help to unlock new investment in new innovative and sustainable business models.
There are 737 articles
Signs on the Road to Change for Accountants in Business in a Digital AgeA golden opportunity to create new value is presented by the automation and digitalization of finance and accounting.
by Larry White, Executive Director, Resource Consumption Accounting Institute | December 11, 2018
IFAC Global Knowledge Gateway Team Coverage: Digital CPA 2018In only a few years, CPA.com’s Digital CPA conference has established itself as an event with something for accountants from all areas, and a community that exists long after the last session ends.
by Bhumi Jariwala, Editor, IFAC Global Knowledge Gateway | December 7, 2018
The Future-Ready PAO Must Be GlobalAt the recent IFAC Professional Accountancy Organization Development Committee meeting, members were asked to picture a future accountant —what skills and competencies will they need?
by Alan Edwards, IFAC PAO Development Committee Member | December 3, 2018
Technology Will Transform AuditWhile traditional audit and assurance services will remain essential, new accounting technologies are likely to significantly impact the way auditors execute engagements and client services.
by Steve Ursillo, Jr., Partner, Risk Assurance & Advisory and National Leader: Information Assurance & Cybersecurity at Cherry Bekaert | November 30, 2018
News and Resources
There are 10010 news/resources
ISA 540 Revised: Key Concepts & Changes, Opinion
Accountancy SA Magazine - December 13, 2018
Will The IIA Redraw the Lines of Defense?
Internal Auditor - December 12, 2018
Emerging Technologies: An Oversight Tool for Audit Committees
Center for Audit Quality - December 12, 2018
IIA Launches Global Review of ‘Three Lines of Defense’
Institute of Internal Auditors - December 12, 2018
Different Ways to Understand Blockchain
Journal of Accountancy - December 12, 2018
The A4S Essential Guide to Finance Culture
A4S - December 11, 2018
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