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IFAC FOCUS AREAS
- Accountability. Now.
- 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.
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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. Read More
CReCER 2015: Preserving Economic Gains and Investing in the Future
May 4, 2015 - World Bank
The Citadel Directors’ Institute, Keynote Address
May 4, 2015 - Public Company Accounting Oversight Board
Businesses Want to Raise Audit Threshold
April 30, 2015 - Economia
How Big Data and Analytics Are Transforming the Audit
April 29, 2015 - EY
Comprehensive Reviews One Year Later: What’s the Feedback?
April 29, 2015 - CPA Canada
Global Audit Regulators Agree on Information Exchange
April 29, 2015 - Accounting Today
ICAEW and SOCPA Strengthen Collaboration on Accounting and Auditing in Saudi Arabia
April 28, 2015 - Zawya
Accounting Threshold Shifts Risk Lasting Damage to Audit Profession
April 27, 2015 - Accountancy Age
Three EU Members Yet to Adopt International Auditing Standards
April 24, 2015 - The Accountant
Revolutionising Reporting, Why Care?
April 23, 2015 - Institute of Chartered Accountants Australia
- 2014 Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements
October 8, 2014 - IAASB
- Guide to Using International Standards on Auditing in the Audits of Small- and Medium-Sized Entities, Third Edition
November 9, 2011 - IFAC
- Guide to Quality Control for Small- and Medium-Sized Practices, Third Edition
July 31, 2011 - IFAC