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 82 articles
How Management Contributes to Audit QualityWhat is management’s role in the audit process? Can managers do more to influence audit quality? CPA Canada and FEI Canada examine.
by Taryn Abate, CPA, CA, CPA, Director, Audit & Assurance, Research, Guidance and Support, CPA Canada | April 9, 2018
RegTech Will Help Transform AuditRegTech, that is Regulatory Technology, will probably have a profound effect on the audit profession—and audit will need to adapt.
by Liv Watson, Co-Chair, ICAEW Natural Capital Accounting, Structured Data Task Force and Senior Director, Strategic Customer Initiatives at Workiva | February 23, 2018
Tackling Modern Slavery: What Role Can Accountants Play?The new wave of modern slavery disclosure regulations require companies to disclose audits and associated monitoring mechanisms to tackle any human suffering arising from their business operations—a process accountants can play a play a role in.
by Professor Muhammad Azizul Islam, PhD, CPA, CA, Chair in Accountancy & Director of Postgraduate Research Programme (Accounting & Finance) Business School, University of Aberdeen | February 12, 2018
News and Resources
There are 1999 news/resources
Guide to Using International Standards on Auditing in the Audits of Small- and Medium-Sized Entities, Third Edition
IFAC - November 9, 2011
Audit Data Analytics Alert: UWCISA Symposium ADA Panel
CPA Canada - April 23, 2018
Private Companies: Selecting an Auditor
ICAS - April 20, 2018
Public Sector: Selecting an Auditor
ICAS - April 20, 2018
Upcoming Event: 8th Brazilian Conference Accounting and Independent Audit
IBRACON - April 9, 2018
Ind AS 115 Will Help in ‘Improved Disclosures’: ICAI
The Hindu Business Line - April 3, 2018
Blockchain Technology and Its Potential Impact on the Audit and Assurance Profession
CPA Canada - March 26, 2018
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