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 545 articles
Adopting EPSAS? Lessons from the Italian Central Government ReformsIn light of the European Commission’s decision to develop accruals-based European Public Sector Accounting Standards, the experiences of the Italian central government’s public sector accounting reforms are worth considering.
by Ileana Steccolini , Member, CIPFA Faculty Board, Professor of Accounting and Finance & Research Director, Newcastle University London | May 22, 2017
Final Restructuring Proposal for the Code of Ethics: What Do You Think?The third Exposure Draft that was issued by the International Ethics Standards Board for Accountants in January 2017 as part of the Structure of the Code (Structure) project is open for comment until May 25, 2017—and is the final opportunity for...
by Johnny Yong, Technical Manager, Global Accountancy Profession Support, IFAC and Robyn Erskine, Partner, Brooke Bird & SMP Committee Ethics Task Force Chair | May 17, 2017
What Can the European Profession Learn from the 2016 IFAC Global SMP Survey?How do the IFAC Global 2016 SMP Survey results for Europe compare to the global view—and what can professional accountancy organization learn?
by Bodo Richardt, President, European Federation of Accountants and Auditors for SMEs and Paul Thompson, Director, European Federation of Accountants and Auditors for SMEs | May 15, 2017
Insights into Integrated ReportingNew ACCA research outlines integrated reporting insights, including the challenges and best practice responses based on over 40 corporate reports and interviews with leading integrated reporters.
by Yen-pei Chen, Corporate Reporting and Tax Manager. Professional Insights, ACCA | May 11, 2017
News and Resources
There are 9518 news/resources
Blockchain: Re-Imagining Multi-Party Transactions for Businesses
Institute of Singapore Chartered Accountants - May 22, 2017
Talking to Your Audit Clients about Data Analytics
CPA Canada - May 22, 2017
IASB's Annual Improvements Project
ACCA - May 22, 2017
5 Process Improvement Strategy Trends of Future-Ready Firms
Accounting Web - May 22, 2017
Digital Future: A Framework for Future Digital Reporting
Financial Reporting Council - May 19, 2017
Women in Internal Auditing: Perspectives from Around the World
Institute of Internal Auditors - May 19, 2017
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