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||
High-quality business reporting is at the heart of strong and sustainable organizations, financial markets, and economies. It allows organizations to present a cohesive explanation of their business and helps them engage with internal and external stakeholders, including customers, employees, shareholders, creditors, and regulators, while also promoting better internal decision making. Professional accountants are integral to all phases of organizational reporting. See the full overview.
by Stathis Gould, Deputy Director, Professional Accountants in Business, IFAC | June 6, 2017
IFAC recently issued a policy position on integrated reporting highlighting the need for a single report providing a fuller picture of an organization’s ability to create value over time, and greater interconnectedness between different reports.
There are 167 articles
The Role of the Global Accountancy Profession in Addressing 21st Century Public Sector ChallengesThe public sector is facing a multitude of challenges globally, from budgetary pressures and revenue limitations to intense scrutiny of public finances, all at the same time as rapidly increasing demand for high-quality public services.
by Thomas Müller-Marqués Berger, IPSASB CAG Chair | September 2, 2019
Implementing Accrual Accounting in the Public Sector–Understanding Your Technology Is Vital!Whatever approach to accrual implementation is taken, technology has to be an integral part of the implementation strategy to succeed.
by Thomas Müller-Marqués Berger, IPSASB CAG Chair | August 12, 2019
Benefits of Integrated Reporting for Small Businesses and Not for Profit OrganizationsIntegrated thinking leads to integrated decision making and actions that consider the creation of value over time. SMEs and not-for-profit organizations can benefit from such an integrated approach by combining an understanding of the entities’...
by Matteo Pozzoli, member of the IFAC SMP Committee and Johnny Yong, Technical Manager – Global Accountancy Profession Support (GAPS), IFAC | July 22, 2019
Trends in Disclosing Non-Financial InformationCompanies and other organizations disclose information to a wide range of stakeholders and, for many of them, non-financial information is of more interest than financial information.
by Antoni Gómez, Chairman of Auren & IFAC SMP Committee Member | May 17, 2019
How ‘Integrated Reporting’ Is Helping Find the Answers to Business Challenges in the New Era–and How the International Integrated Reporting Council Is Here to HelpAs the IIRC publishes answers to the most frequently asked questions on integrated reporting, its CEO, Richard Howitt, discusses why the time is right to adopt integrated reporting.
by Richard Howitt, Chief Executive Officer, International Integrated Reporting Council | March 28, 2019
News and Resources
There are 1794 news/resources
Integrated Reporting PAO Network
IFAC, IIRC - June 16, 2016
Developing and Reporting Supplementary Financial Measures—Definition, Principles, and Disclosure
IFAC - September 22, 2014
Preparing for the Leases Accounting Standard: A Tool for Audit Committees
Center for Audit Quality - September 3, 2019
August 2019 IFRS for SMEs Update
IFRS Foundation - September 3, 2019
Upcoming Webinar: Key Business and Reporting Opportunities and Challenges in the Cannabis Sector
CPA Canada - August 12, 2019
Intangibles - ICAS Positioning Paper and Call for Research
ICAS - August 9, 2019
Canadian Public Company Financial Reporting Update: Q2 2019
CPA Canada - August 2, 2019
IASB Podcast - July 2019
IFRS Foundation - July 31, 2019
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