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||
Audit & Assurance
Accounting firms offer a wide range of professional services to their clients, including audit, review, other assurance, and related services. These services are regulated, with many jurisdictions requiring compliance with international standards or national requirements that have been based on international ones. High-quality international standards increase the comparability, consistency, clarity, credibility, and transparency of financial information. And, high-quality financial information, in turn, increases the stability of the global financial infrastructure. See the full overview.
Implementation support for the new and revised IAASB Auditor Reporting standards, including links to Key Audit Matters (KAM) examples.
There are 85 articles
Simplifying Auditing Standards for Small or Non-Complex Entities–Exploring Possible SolutionsConfidence in small business benefits us all —the difficulties of applying the International Standards on Auditing in small or non-complex entity audits are apparent, and as such the status quo is not an option.
by Hilde Blomme, Deputy CEO, Accountancy Europe and Noémi Robert, Audit & Assurance Manager, Accountancy Europe | May 18, 2018
A Quality Alliance: Uniting for Quality Assurance Reviews in PanamaWith QA reviews, end-users would have more confidence in the quality of the audits and the financial information presented within the financial statements.
by Yelena Rodríguez Trujillo, CPA, Executive Director, CCPAP | May 16, 2018
Research Insights: Drivers for Voluntary Audit in Small German CompaniesWhy is the proportion of firms adopting voluntary audits in Germany much lower than in other countries? Key drivers and what this means for those examining statutory audits for small and medium enterprises.
by Andreas Weik, Specialist for International Accounting, Comdirect Bank AG and Prof. Dr. Brigitte Eierle, Chair, International Accounting and Auditing, University of Bamberg | April 30, 2018
How Management Contributes to Audit QualityWhat is management’s role in the audit process? Can managers do more to influence audit quality? CPA Canada and FEI Canada examine.
by Taryn Abate, CPA, CA, CPA, Director, Audit & Assurance, Research, Guidance and Support, CPA Canada | April 9, 2018
News and Resources
There are 2003 news/resources
Guide to Using International Standards on Auditing in the Audits of Small- and Medium-Sized Entities, Third Edition
IFAC - November 9, 2011
Responding to Assurance Needs on Non-Financial Information
Accountancy Europe, World Business Council for Sustainable Development - May 16, 2018
Good Audit Culture Crucial to Public Interest
Economia - May 16, 2018
The Role of Internal Audit In Non-Financial and Integrated Reporting
Chartered Institute of Internal Auditors - May 3, 2018
EY Introduces Blockchain Tech for Audits
Economia - May 3, 2018
Audit Data Analytics Alert: UWCISA Symposium ADA Panel
CPA Canada - April 23, 2018
Private Companies: Selecting an Auditor
ICAS - April 20, 2018
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