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 82 articles
Small Practices: Embrace Technology, Secure Your FutureTom Hood, Executive Director & CEO at Maryland Association of CPAs, shares insights on what technologies SMPs need to embrace today in order to be future ready.
by Tom Hood, Executive Director & CEO, Maryland Institute of CPAs | July 16, 2018
Why Accountants Must Embrace Machine LearningThe real value of accountants is our ability to help organizations and clients ensure the quality of the design of AI solutions, draw insights from AI-produced analyses to drive strategic advantage, and address the governance and internal control...
by Donny C. Shimamoto, Managing Director, Intraprise TechKnowlogies | April 18, 2018
News and Resources
There are 130 news/resources
Merging Accounting with ‘Big Data’ Science
Journal of Accountancy - July 18, 2018
Harnessing Data Analysis to Shape Stories: The Rise and Rise of the Management Accountant
In the Black - July 16, 2018
AB UK ACCA - July 9, 2018
What Is a Blockchain Operating System?
Forbes - July 9, 2018
Blockchain and the Future of Corporate Reporting: How Does it Measure Up?
Financial Reporting Council - June 20, 2018
Blockchain Beyond the Hype: What Is the Strategic Business Value?
McKinsey&Company - June 20, 2018
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