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 86 articles
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
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
News and Resources
There are 1994 news/resources
Audit Data Analytics Alert: ADA Survey on ADAs in Canada–Results and Implications
CPA Canada - October 10, 2017
A Look at the First Year Implementation of the New Auditor’s Report in Mainland China
A+ Magazine - September 29, 2017
Upcoming: Singapore Accountancy and Audit Convention 2017
Institute of Singapore Chartered Accountants - September 7, 2017
Enhancing Audit Relevance for Investors: Can Canada Lead the Way in Peeling the Onion?
CPA Canada - August 28, 2017
Toward Enhanced Professional Skepticism
International Auditing and Assurance Standards Board, International Ethics Standards Board for Accountants, International Accounting Education Standards Board - August 28, 2017
Resources for New and Revised Auditor Reporting Standards
CPA Canada - August 28, 2017
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