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 638 articles
Small Practices: Leverage Traditional Services to Adapt to New Client NewsThe focus for small- and medium-sized accounting practices today should be how to move forward and evolve services as technology disrupts the current business model.
by Mark Koziel, Executive Vice President, Firm Services, AICPA | January 15, 2018
What Top Skills Do Professional Accountants Need for the Future?Professional accountants can use their unique skills to anticipate the future.
by Tom Hood, Executive Director & CEO, Maryland Institute of CPAs | January 14, 2018
Generation Next and Small- & Medium-Sized PracticesKey findings from a survey young professionals working in SMPs suggest younger finance professionals today hold ambitions for fast progression and rapid career development.
by Ben Baruch, Head of SME Policy, ACCA | January 10, 2018
Being Intergenerationally More Fair: Our Resolution for 2018The intergenerational contract is under strain in Europe and beyond —a report recently published by ICAEW Europe shows that fewer than one in four Europeans feel that their respective generation is being treated fairly by their government when...
by Dr. Susanna Di Feliciantonio, Head of EU Public Affairs, ICAEW | December 20, 2017
News and Resources
There are 9801 news/resources
Required IFRS Standards 2018—New Books Available
IFRS Foundation - January 23, 2018
How AI Is Reshaping the Accounting Industry
Forbes - January 23, 2018
Harnessing Artificial Intelligence for the Earth
PwC - January 23, 2018
Blockchain to Blockchains: Broad Adoption and Integration Enter the Realm of the Possible
Deloitte - January 23, 2018
CPA Canada Study Opens Door on How Management Contributes to Audit Quality
CPA Canada - January 22, 2018
Diversifying the Blockchain
TechCrunch - January 22, 2018
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