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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
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Series of short films and guides aimed at helping the investment community understand what auditors focus on and explaining what some of the jargon you might see in our audit opinions means.
Released by the Audit Committee Collaboration, this video succinctly explains a key Collaboration resource: "Enhancing the Audit Committee Report: A Call to Action."
Audit quality—how to achieve it, and what it means to the investor, auditor, company, and other stakeholders.
Data & Analytics unlock the data in your business and deliver insights to help enhance audit quality.
Cindy Fornelli discusses the CAQ's joint report with The IIA on intersecting roles in auditing.
Martin Baumann, Cheif Auditor and Director of Professional Standards, PCAOB dissucsses what valuable skills young auditors need.
Video interviews from the Singapore Value of Audit roundtable.