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 61 articles
What is the Future for Assurance and Small Business?In many jurisdictions, perhaps most noticeably in recent years in Europe, the emergence of a “think small first” mentality has resulted in a light touch approach to policy and regulation for small businesses, releasing them from the obligation to...
by Paul Thompson, Consultant | April 15, 2014
News and Resources
There are 1906 news/resources
Tax Avoidance "An Act of Vandalism," Says Corbyn
Economia - September 30, 2016
Intercompany Accounting: The Rising Cost of Improper or Fraudulent Practices
CFO Innovation - September 30, 2016
Largest Annual Global SMP Survey to Open Saturday
IFAC - September 29, 2016
Public Sees Accountants as Desirable, Even if They Are Bean Counters
CPA Practice Advisor - September 29, 2016
2016 Main Street Investor Survey
The Center for Audit Quality - September 29, 2016
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