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 63 articles
IAASB Survey to Inform Its Work Plan for 2017-2018The IAASB has published an online survey consultation on its 2017‒2018 Work Plan, which is open for responses until September 30, 2016.
by Beverley Bahlmann, Deputy Director, IAASB | August 9, 2016
Creating a Ripple Effect: Accountancy, Academia, and CurriculumThe Deloitte IAAER Scholarship helps make the connections between scholars, including those in emerging economies, and “real world” accountants and our profession.
by Professor Donna Street, Mahrt Chair in Accounting, University of Dayton | July 22, 2016
SME Audits: Challenges and InsightsThe World Bank’s Center for Financial Reporting Reform (CFRR) summarizes challenges and insights in conducting audits of small- and medium-sized entities (SMEs) from their recent publication.
by John Hodge, Senior Financial Management Specialist, Centre for Financial Reporting Reform (CFRR), The World Bank and Kalina Shukarova Savovska, Senior Financial Management Specialist, Centre for Financial Reporting Reform (CFRR), The World Bank | June 22, 2016
Data Analytics for External AuditorsICAEW managers discuss the Institute’s recently published report on auditor data analytics, which highlights opportunities for the profession, regulators, standard setters, investors, and academics to rethink and reinvent audit for the benefit of...
by Katharine Bagshaw, Manager, Auditing Standards, ICAEW and Phedra Diomidous, Manager, International Standards, ICAEW | June 13, 2016
How the IAAER Fulfills a Critical Need for the Accounting ProfessionThe role of the International Association for Accounting Education & Research (IAAER), the importance of its research, and its work with other institutions.
by Donna Street, Professor, Mahrt Chair in Accounting, University of Dayton | June 13, 2016
News and Resources
There are 1913 news/resources
The Globalization of Accounting and Auditing Standards
Accounting Today - December 12, 2016
FASB Offers Insight on Three Lease Accounting Trends
Accounting Web - November 29, 2016
Australian Government Pushes for Bitcoin Accounting Standards
CoinDesk - November 22, 2016
Deloitte Scoops BP and Centrica Audits
Accountancy Age - November 22, 2016
FASB Seeks Uniformity in Reporting on Restricted Cash
Journal of Accountancy - November 18, 2016
European Union: Country-by-Country Reporting Data—Accounting or Tax Information?
Bloomberg BNA - November 17, 2016
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