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 71 articles
The Necessary Variables for Audit Quality, Including Joint ResponsibilityAudit quality is the responsibility of more than “only” the auditor and there are key factors at play throughout the financial reporting chain.
by Alan Johnson, Non-Executive Director, Jerónimo Martins, and IFAC’s Professional Accountants in Business Committee Member | August 27, 2015
Насколько ценна для вас конфиденциальность клиента?Как должен вести себя профессиональный бухгалтер, когда у него есть основания подозревать, что клиент или работодатель нарушил или собирается нарушить законный или нормативный правовой акт?
by Andreas Noodt, Former Member, IFAC SMP Committee and Gillian Waldbauer, Head of International Affairs, Institut der Wirtschaftsprüfer | August 25, 2015
How Valuable Is Client Confidentiality to You?Andreas Noodt, member of the IFAC SMP Committee and his Technical Advisor Gillian Waldbauer summarize, and invite debate, on the IESBA’s Exposure Draft on non-compliance with laws and regulations from the global perspective of professional...
by Andreas Noodt, Former Member, IFAC SMP Committee and Gillian Waldbauer, Head of International Affairs, Institut der Wirtschaftsprüfer | August 24, 2015
Research Insights—Impacts of Audit Firm Tenure and Auditor-Provided Non-Audit Services on Audit Process QualityAccording to a study, audit process quality declines when audit firm tenure becomes long or fees from auditor-provided non-audit services become large for audits of privately held clients, but not for audits of publicly held clients.
by Monika Causholli, Assistant Professor of Accounting, Gatton College of Business and Economics at the University of Kentucky, Timothy B. Bell, Professor of Accounting, University of North Florida and W. Robert Knechel, Director, International Center for Research in Accounting and Auditing | June 19, 2015
News and Resources
There are 1957 news/resources
Webinar: The Changing World of Audit and Assurance
ICAS - February 9, 2017
AICPA Urges S. Africa's Audit Regulator to Reject Mandatory Audit Firm Rotation
Daily News - January 25, 2017
The Future of the Audit Industry: From Masses of Data to Meaning
Accountancy Age - January 18, 2017
The Biggest Challenges Facing Auditors in 2017
Economia - January 17, 2017
FASB Makes New Improvements to Revenue Recognition Standard
Accounting Web - January 4, 2017
The Internal Audit and IT Audit Book Series
CRC Press - January 3, 2017
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