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||
After 600 years of a two-ledger bookkeeping practice and 30 years of Excel spreadsheets, businesses are moving quickly toward the use of automation to account for daily transactions. This seismic shift will not only impact the way business operates, but also the day-to-day role of accountants. See the full overview.
by Bhumi Jariwala, Editor, IFAC Global Knowledge Gateway | June 15, 2015
What does the emergence of artificial intelligence mean for professional accountants and the profession?
There are 71 articles
Blockchain, AI, and AccountingBlockchain technology, although most well-known for cryptocurrencies such as Bitcoin, is forecasted to have wide-ranging implications for how data is secured, transmitted, and protected—in addition, the rise of artificial intelligence (AI), and...
by Dr. Sean Stein Smith DBA, CMA, CPA, CGMA, CFE, Assistant Professor, Lehman College (CUNY) | November 20, 2017
Does Your Cyber Security Include Governance? It ShouldDeveloping a strong cyber security governance program is the first step in protecting your practice from cyber threats.
by Steve Ursillo Jr., Partner, Risk Assurance & Advisory and National Leader, Information Assurance and Cybersecurity, Cherry Bekaert | November 20, 2017
Will External Audits Vanish in the Blockchain World?Like many of the disruptive transformations taking shape around us as most everyday functions go digital, external audits cannot stand insulated.
by R Vittal Raj, Partner, Kumar & Raj Chartered Accountants, India | November 2, 2017
News and Resources
There are 59 news/resources
Deep Finance: Artificial Intelligence in the Financial Function–Keynotes by CFO Cargill et al. [Video]
The Royal Netherlands Institute of Chartered Accountants - December 15, 2017
Blockchain: The New Technology of Trust
Goldman Sachs - December 14, 2017
The Race for Relevance: Technology Opportunities for the Finance Function
ACCA - December 12, 2017
Blockchain: An Opportunity for Accountants? Or a Threat?
Journal of Accountancy - November 30, 2017
Advice for Mitigating Cybersecurity Threats
CGMA Magazine - November 20, 2017
Where Is Technology Taking the Economy?
McKinsey & Company - November 14, 2017
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