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.
Implementation support for the new and revised IAASB Auditor Reporting standards, including links to Key Audit Matters (KAM) examples.
There are 78 articles
What’s the Buzz about CAQ’s #AuditorProud?The Center for Audit Quality’s second annual #AuditorProud social media campaign demonstrates to students, young auditors, and the marketplace how vibrant and exciting being an auditor can be.
by Cindy Fornelli, Executive Director, Center for Audit Quality (CAQ) | September 6, 2016
The Future of the Accountancy Profession: People, Information, Cooperation, and TechnologyYoung accountants can look forward to entering a profession poised to address many of society’s challenges, says Robert Hodgkinson, Executive Director, Technical, at ICAEW. These include creating a more sustainable world, working with
by Robert Hodgkinson, Executive Director, Technical, ICAEW | September 6, 2016
Research Insights—Audit Quality Differences among Audit Firms in a Developing Economy: The Case of UgandaThe research paper examines audit quality differences among audit firms in Uganda, in particular, the assumption that notable audit quality differences exist between large audit firms and small- and medium-sized practices.
by Dr. Hajj Twaha Kigongo Kaawaase, Partner, Sejjaaka, Kaawaase & Co. | September 2, 2016
The Gap between the Private Sector and AcademiaBoth the academic community and the accounting profession are working to close the gap between what they each do by working together and seeking common ground for research.
by Donna Street, Professor, Mahrt Chair in Accounting, University of Dayton | August 15, 2016
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
News and Resources
There are 1982 news/resources
Materiality in the Audit of Financial Statements
ICAEW - July 3, 2017
Member States’ Implementation of New EU Audit Rules
Accountancy Europe - June 26, 2017
Auditors Face Evolving Cybersecurity Challenges
ACCA - June 26, 2017
How Financial Statement Audits Deliver Key Business Insights
Journal of Accountancy - June 23, 2017
Why CPAs Need to Get a Grip on Blockchain
Journal of Accountancy - June 20, 2017
Audit Data Analytics: An Optimistic Outlook
ICAS - June 16, 2017
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