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 Yen-pei Chen, Corporate Reporting and Tax Manager. Professional Insights, ACCA | May 11, 2017
New 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.
There are 109 articles
Integrated ReportingSince the launch of the International Integrated Reporting Framework at the end of 2013, global momentum of Integrated Reporting is promising. However, to achieve wide scale adoption, the Integrated Reporting movement needs the leadership of...
Longs for Finance Professionals
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | February 2, 2017
Moving toward Transparency, Consistency, and ThoroughnessAll government entities should move beyond cash-based accounting to accrual-based accounting in order to facilitate greater transparency, consistency, and thoroughness in financial reporting.
by Hon. David M. Walker, Former US Comptroller General, Senior Strategic Advisor, PwC | January 17, 2017
Integrated Reporting: An Emerging OpportunityIntegrated reporting, and specifically the multiple capital model that drives the quantitative core of the reporting framework, opens entirely new avenues for accountants to deliver value to internal and external users.
by Dr. Sean Stein Smith DBA, CMA, CPA, CGMA, CFE, Assistant Professor of Professional Practice, Rutgers University | November 14, 2016
New Public Sector Accounting Standards and Rights of CitizenshipBrazil’s transition to using International Public Sector Accounting Standards, which began in 2015, will strengthen the country’s public sector financial management, improve its accountability and transparency, and build trust with citizens for...
by Idésio S. Coelho, Senior Partner,EY & President, IBRACON | October 31, 2016
News and Resources
There are 1962 news/resources
Principles for Effective Business Reporting Processes
IFAC - January 17, 2013
IPSASB Launches Consultation on Heritage Reporting
International Public Sector Accounting Standards Board - April 11, 2017
Audit Insights: Retail–Are You Ready for a Radical Change?
Institute of Chartered Accountants in England and Wales - April 10, 2017
EFRAG Academic Panel and New Academic Network to Boost EFRAG’s Evidence-Based Work on Financial Reporting
European Financial Reporting Advisory Group - April 10, 2017
IMA Seeks to Aggressively Expand Presence in India
Institute of Management Accountants - April 7, 2017
The Trickle Down Effect–IFRS and Accounting by SMEs
European Federation of Accountants and Auditors for SMEs - March 29, 2017
CIPFA Lunch Time Webinars
Chartered Institute of Public Finance and Accountancy - March 28, 2017
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