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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
IAASB Proposes Limited Changes to Auditing Standards in Response to the IESBA’s Project Addressing Non-Compliance with Laws and Regulations
July 23, 2015 - International Auditing and Assurance Standards Board
Whistleblower Laws Fail to Curb Toshiba Accounting Fraud
July 22, 2015 - Accounting Today
More Analytics and Tech Needed in Audits
July 21, 2015 - Accounting Web
PCAOB Announces 84 Scholarships for the 2015-2016 Academic Year
July 20, 2015 - Public Company Accounting Oversight Board
Study Questions Impact of Audit Firm Rotation on Auditor Skepticism
July 17, 2015 - Accounting Today
IAASB Acknowledges Call to Action on Integrated Reporting; Highlights Ongoing and Planned Actions Relating to Developments in External Reporting
July 16, 2015 - International Auditing and Assurance Standards Board
IAASB Finalizes Amendments to Auditing Standards to Promote Greater Focus on Financial Statement Disclosures
July 15, 2015 - International Auditing and Assurance Standards Board
The State of Cost-Benefit Analysis at the SEC
July 14, 2015
Nordic Federation of Accountants Proposes a New Standard for the Audit of Smaller Entities
July 13, 2015 - Institute of Chartered Accountants in England and Wales
Audit of the Future: Deloitte's Latest Survey Results
July 9, 2015 - Deloitte
- 2014 Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements
October 8, 2014 - International Auditing and Assurance Standards Board
- 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