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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. Read More
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Principles for Effective Business Reporting Processes
January 17, 2013 - IFAC
This offers guidance in achieving a dynamic and circular management process for enhancing reporting processes.
The IFRS Foundation offers free access to the current year's consolidated unaccompanied English language Standards and official Interpretations (this includes IFRS, IAS, IFRIC and SIC*). 'Unaccompanied' means without the Implementation Guidance and the Basis for Conclusions.
Brochure that explains IFAC’s campaign for enhanced public financial reporting, sound decision making, and accountability.
IFAC policy position paper on the use of accrual-based accounting—through the adoption and implementation of International Public Sector Accounting Standards (IPSAS).
New FEE paper puts forward ideas for corporate reporting to evolve in a way that will keep pace with the developing economic reality and address the needs of a wider stakeholder audience.
Learn about expert insights into the future of reporting.
Working in the Public Interest: The IFRS Foundation and the IASB
September 14, 2015 - IFRS Foundation
New publication explains how International Financial Reporting Standards are created to bring transparency, accountability and efficiency to financial markets around the world.
- Enlist the Market in the Climate-Change Fight
August 23, 2016 - Wall Street Journal
- Is the New Accounting Standard on Leases Set to Change Business Practice?
August 22, 2016 - In the Black
- US FASB Aims to Clarify Consolidation Guidance for Not-for-Profits
August 10, 2016 - Accounting Web
- Singapore Lags behind in Sustainability Reporting
August 8, 2016 - The Accountant
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