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 78 articles
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
Research Insights—Consequences of Changing the UK Auditor's ReportRecent research examines the consequences of the new auditor’s report in the UK, in terms of the cost of audits, audit quality, and investors’ reaction to the report’s filing.
by Dr. Elizabeth Gutierrez , Assistant Professor of Accounting, Universidad de Chile, Dr. Kay W. Tatum, Associate Professor of Accounting, University of Miami, Dr. Maria I. Vulcheva, Assistant Professor of Accounting, Florida International University and Dr. Miguel Minutti-Meza, Assistant Professor of Accounting, University of Miami | May 23, 2016
News and Resources
There are 1977 news/resources
Talking to Your Audit Clients about Data Analytics
CPA Canada - May 22, 2017
IASB's Annual Improvements Project
ACCA - May 22, 2017
Women in Internal Auditing: Perspectives from Around the World
Institute of Internal Auditors - May 19, 2017
Why CFOs Should Support the Use of Audit Data Analytics
CPA Canada - May 18, 2017
Data & Analytics and Audit–A Powerful Connection
KPMG - May 17, 2017
Building Businesses for the Long-Term—Focusing ERM and Internal Audit on What Really Matters: Long-Term Value Creation and Preservation
Ethical Boardroom - May 11, 2017
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