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 Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | July 26, 2018
At a conceptual level, blockchain is fairly straightforward but how it can deliver return on investment, particularly in relation to existing processes and systems, is more complex.
There are 115 articles
IFAC TAG Webinar on Cyber SecurityLike a lot of the issues that make the news on a regular basis, we can become desensitized to cyber risks, but it is imperative, especially for organizations of all sizes, to be vigilant and educate their employees and stakeholders on proper...
by IFAC Technology Advisory Group | March 18, 2019
Five Necessary Elements to Build a Fintech HubThe Institute of Chartered Accountants in England and Wales and the Institute of Singapore Chartered Accountants have been looking at Fintech to understand what underpins innovation.
by Kirstin Gillon, Technical Manager, IT Faculty at ICAEW | March 4, 2019
How SMPs Can Invest in TechnologyInvesting in technology is crucial for small- and medium-sized practices’ future success—but many firms face the challenge of high-cost, high-level investment in order to keep pace.
by Samantha Mansfield, Director of Professional Development & Community, CPA.com | February 18, 2019
Implementing New Technology Requires Strategic ThinkingMaking technology work starts with thinking strategically about technology—not how to bolt new tech on—technology needs to be built in.
by Mark Edmondson, President and CEO, Inflo | January 7, 2019
News and Resources
There are 202 news/resources
How to Grow Your Practice with Automation
CPA Practice Advisor - March 18, 2019
Three Technologies Transforming Accounting, Finance and Tax
Accounting Today - March 18, 2019
Small Firm Spotlight: How We Successfully Switched to the Cloud
Journal of Accountancy - February 27, 2019
Biggest Threat to Audit May Be Tech, Not Regulation
Economia - February 20, 2019
IMA Releases Enhanced Management Accounting Competency Framework for Professionals in the Digital Age
Institute of Management Accountants - February 14, 2019
How Are Big Data and AI Transforming Accounting and Finance?
CPA Canada - February 14, 2019
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