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 584 articles
Five Key Methods to Improve Public Financial AccountabilityThere is increased awareness of the crucial need for better performance and greater accountability in public financial management (PFM) systems around the globe.
by Ian Ball, Chairman, CIPFA International | August 14, 2017
Integrated Thinking & Reporting Requires Trusted Advisors: Guiding Your SME ClientsFor those small- and medium-sized entities ready to embrace integrated thinking, and reporting, the eventual benefits will outweigh the costs, and their accountants can help them along the journey.
by Giancarlo Attolini, Past Chair, IFAC SMP Committee and Mats Olsson, IFAC SMP Committee Deputy Chair and Partner, Adrian & Partners AB | August 3, 2017
News and Resources
There are 9630 news/resources
The Extended Audit Report: The Start of a Conversation
ICAEW - August 15, 2017
How Can the UK’s Labor Market Compete Post-Brexit?
ICAS - August 15, 2017
Internal Audit in the Age of Data Analytics
ICAEW - August 15, 2017
International Standard-Setters Aim to Increase Professional Skepticism
Accounting Today - August 15, 2017
Managing Public Money
Future Learn - August 14, 2017
How Accountants Are Out-Hacking the Hackers
ICAS - August 14, 2017
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