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.
by Fayez Choudhury, Chief Executive Officer, IFAC | October 18, 2016
Last week, the South African Independent Regulatory Board for Auditors (IRBA) announced a timeline for new mandatory audit firm rotation requirements—a policy requiring companies to switch auditors periodically. In the same week, the
There are 76 articles
Keeping the Audit Profession AttractiveAccountancy Europe spoke with young auditors, regulators, investors, academics, and policy makers to open a conversation on what makes, and keeps, the audit profession attractive.
by Noémi Robert, Audit & Assurance Manager, Accountancy Europe | September 11, 2017
What Are Audit Committees Up To?Audit Committees respond to evolving regulatory frameworks, changing business needs, and rapid technological developments as well as flux in the broader geo-economic environment.
by Dr. Susanna Di Feliciantonio, Head of EU Public Affairs, ICAEW and Mr. David Batal, Partner, Audit & Assurance, Deloitte Czech Republic | August 28, 2017
Overcoming Obstacles to Enhance Quality AssuranceQuality assurance systems are an important element of a sustainable global financial infrastructure, as well as a requirement for all IFAC member organizations.
by Manuel Arias , Technical Manager, Quality & Development, IFAC and Sarah Gagnon, Technical Manager, Quality & Development, IFAC | August 28, 2017
Survey Ratifies the Advances of the New Auditor's Report in BrazilA new survey by the Instituto dos Auditores Independentes do Brasil (IBRACON) reveals some key elements included in new auditors’ reports in Brazil, including Key Audit Matters.
by Idésio Coelho, President, IBRACON, Senior Partner, EY, & IFAC Board Member | July 31, 2017
News and Resources
There are 1969 news/resources
PCAOB Identifies 3 Areas with Most Frequent 2016 Audit Issues
Journal of Accountancy - November 10, 2017
SEC Approves PCAOB’s New Auditor’s Reporting Model
Journal of Accountancy - November 9, 2017
Enhancing Audit Quality: 2017 Highlights and Progress
AICPA - October 27, 2017
Statutory Audit Committee Still has Little Membership in the Country
Valor Econômico - October 16, 2017
Audit Data Analytics Alert: ADA Survey on ADAs in Canada–Results and Implications
CPA Canada - October 10, 2017
A Look at the First Year Implementation of the New Auditor’s Report in Mainland China
A+ Magazine - September 29, 2017
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