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 560 articles
Capacity Building in ContextThe IFAC Professional Accountancy Organization (PAO) Development Committee on what it takes to establish a PAO that is relevant, sustainable, and ready to adopt and implement international standards and best practices.
by PAO Development Committee, IFAC | June 28, 2017
Digital Technologies’ Implications for SMPsEmerging technologies, including data analytics, blockchain, artificial intelligence, and machine learning will impact the accountancy profession and SMPs.
by Paul Thompson, Director, European Federation of Accountants and Auditors for SMEs | June 28, 2017
Transforming Challenges into Opportunities: Attracting New ClientsInformation and best practice tips to help small- and medium-sized practices attract new clients, identified in the IFAC Global SMP survey as one of the top challenges firms face.
by Christopher Arnold, Head of SME/SMP and Research, IFAC and Mats Olsson, IFAC SMP Committee Deputy Chair and Partner, Adrian & Partners AB | June 27, 2017
ACCA’s Alternative Dispute Resolution Approach to the Investigation & Disciplinary ProcessACCA now offers a conciliation servce, a form of Alternative Dispute Resolution, to help resolve complaints that are unlikely to lead to disciplinary action.
by Joanne Vlahos, Head of the Complaint Assessment Department, ACCA | June 27, 2017
News and Resources
There are 9569 news/resources
Artificial Intelligence and the Future of Accountancy
ICAEW - June 29, 2017
What Is Professional Judgment and How to Handle It
A+ Magazine - June 29, 2017
Digitalisation of Tax International Perspectives
ICAEW - June 29, 2017
AICPA and Ad Council Launch New Financial Literacy Game
Accounting Today - June 28, 2017
Member States’ Implementation of New EU Audit Rules
Accountancy Europe - June 26, 2017
Robots Help Siemens Cope in Brazil
CFO.com - June 26, 2017
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