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
Audit Quality Indicators: What Have We Learned on Our Journey?Audit committees serve an essential role in corporate governance through their oversight of companies’ financial reporting processes and audits.
by Cindy Fornelli, Executive Director, Center for Audit Quality (CAQ) | February 9, 2016
Building Trust in the Accountancy Profession: The Australian ExperienceAustralia provides an example of how institutional cooperation helped restore trust in the accountancy profession.
by Andrew Conway, Chief Executive, Institute of Public Accountants in Australia | January 7, 2016
The Year in Review: A Look Back at Viewpoints from 2015For the accountancy profession, 2015 was a forward-looking year. The need to attract and develop new talent, embrace rapidly changing technological trends, and demonstrate how the accountancy profession is playing a wider role in society were
by Eli R. Khazzam, Editor-in-Chief, IFAC Global Knowledge Gateway | December 29, 2015
Surprising Effects of Mandatory Auditor Rotation on Audit QualityAs new auditor rotation mandates are debated and adopted or rejected worldwide, a new research study takes a different approach to assessing the effects of these mandates on audit quality.
by Kendall O. Bowlin, University of Mississippi; Jessen L. Hobson, University of Illinois at Urbana-Champaign; and M. David Piercey University of Massachusetts – Amherst | December 15, 2015
IFAC Engagement with IAASB and IESBA—Representing the Interests of PAIBs & SMPsProviding input to the IAASB and the IESBA on behalf of the SMP and PAIB constituencies is considered vital to IFAC’s contribution to the development of international audit, assurance, and ethics standards.
by Christopher Arnold, Head of SME/SMP and Research, IFAC | December 11, 2015
News and Resources
There are 1913 news/resources
Tips for First-Year Auditors
Journal of Accountancy - November 14, 2016
IASB’s Five-Year Plan Makes Better Communication a Key Theme
The Accountant - November 8, 2016
Audit Committees Have Increased Transparency of External Audit Oversight
CPA Practice Advisor - November 7, 2016
Off Hours: IMA Global Chairman Not the Retiring Type
The National - November 4, 2016
ICMA Participates in SAFA Events
Pakistan Observer - November 4, 2016
Candidates Sought for Volunteer Positions on the Independent Standard-Setting Boards
IFAC - November 4, 2016
Get The Latest. Sent twice monthly.