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, Deputy Director, Professional Accountants in Business, 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 121 articles
Cybercrime Threatens Trust in Business – How Accountants Can HelpCybercrime threatens trust and transparency in business and governments on a daily basis. As a customer, taxpayer, supplier or other stakeholder, we ask ourselves whether we can trust an organization to effectively secure our data.
by Sylvia Tsen, Executive Director, Knowledge, Operations and Technology, IFAC and Stathis Gould, Deputy Director, Professional Accountants in Business, IFAC | May 16, 2019
Building Data Science and Analytics Capabilities in Finance and AccountingGiven the importance of data to business success, IFAC’s Professional Accountants in Business Committee has been exploring the accountant in business role in data science and analytics.
by Stathis Gould, Deputy Director, Professional Accountants in Business, IFAC | May 6, 2019
Digital Transformation Provides New Business OpportunitiesA new Danish report on digital transformation draws a positive and optimistic picture of the accountancy profession’s future in the digital age.
by Anders Lau, Head of Communication, FSR Danish Auditors | April 29, 2019
Technology and the Profession–A Guide to ICAEW’s WorkThe key theme of ICAEW's recent work is the “ABCD” of technologies which identify top priorities for the accounting profession – namely, artificial intelligence, blockchain, cybersecurity, and data.
by David Lyford-Smith, Technical Manager, IT & The Profession, IT Faculty, ICAEW | April 15, 2019
News and Resources
There are 220 news/resources
How We Successfully Implemented AI in Audit
Journal of Accountancy - June 9, 2019
Let's Talk Technology
International Auditing and Assurance Standards Board - June 9, 2019
The Future of Women at Work: Transitions in the Age of Automation
McKinsey&Company - June 9, 2019
Taking Control of Cyber Risk
AIG, Board Agenda - May 13, 2019
Managing Cyber Risk with Human Intelligence
Citi - May 9, 2019
Pursuing Cybersecurity Maturity at Financial Institutions
Deloitte - May 9, 2019
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