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 517 articles
Auditing in the Era of Integrated Thinking: As the business landscape continues to change and evolve at an increasingly rapid rate, integrated financial reporting is quietly but surely picking up steam, and auditors need to be ready to embrace this new framework.
by Dr. Sean Stein Smith DBA, CMA, CPA, CGMA, CFE, Assistant Professor of Professional Practice, Rutgers University | February 23, 2017
5 Steps to Being an Anticipatory AccountantNew podcast with Tom Hood, Chief Executive of the Maryland Association of CPAs and the Business Learning Institute, highlights five key steps for accounting practices to be future ready.
by Tom Hood, Executive Director & CEO, Maryland Institute of CPAs | February 22, 2017
Transforming IFAC PAIB Meetings for Strategic ImpactDuring 2016, the IFAC Professional Accountants in Business Committee completely changed its meeting structure, with both a positive reception from participants and increased impact overall.
by Rachel Sinha , Consultant, Global Accountancy Profession Support and Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | February 21, 2017
News and Resources
There are 9376 news/resources
Blockchain: A New Hope, or Just Hype?
World Economic Forum - February 23, 2017
Artificial Intelligence Comes to Financial Statement Audits
CFO.com - February 21, 2017
GCC Banks Increasingly Keen to Deploy FinTech
Khaleej Times - February 21, 2017
The Four Motivators that Drive Innovation
Conversation Agent - February 21, 2017
IFRS Foundation Trustees Announce Reappointments of Four IASB Members
IFRS Foundation - February 21, 2017
Better Behaved Bankers
Accounting and Business - February 21, 2017
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