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 67 articles
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
Navigating Ethics in a Digital AgeEthical behavior is a core attribute for professional accountants; technology may have an impact on the details one needs to understand to be ethical but it does not change the centrality of being ethical.
by Narayanan Vaidyanathan, Head of Technology Insight, ACCA | October 18, 2017
News and Resources
There are 54 news/resources
Where Is Technology Taking the Economy?
McKinsey & Company - November 14, 2017
A Practical Guide to Emerging Technology
FEI Daily - November 14, 2017
AI a Threat to Financial Stability, Warns FSB
Economia - November 9, 2017
Blockchain: How Does It Work?
In The Black - November 9, 2017
The Advisor's Guide to AI
Financial Planning - October 23, 2017
Finding the Ethics Path through the Digital Jungle
ACCA - October 23, 2017
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