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 114 articles
Research Insights: A Study of the Replacement of “Reliability” by “Faithful Representation” in the IASB/FASB Conceptual FrameworkResearchers trace the emergence of “reliability” in financial accounting literature and examine the background and reasons for its replacement by “faithful representation” in the current conceptual framework.
by Carsten Erb, Research Assistant and PhD Candidate, Department of Business Taxation, Heinrich-Heine-University Düsseldorf and Dr. Christoph Pelger, Professor of Financial Accounting at the Department of Accounting, Auditing, and Taxation, University of Innsbruck | July 27, 2015
Accountancy at the Heart of the Discussion: Enhancing ReportingHelen Brand, Chief Executive of the ACCA, stresses that the accountancy profession must be at the heart of enhancing and developing business reporting, including integrated reporting.
by Helen Brand, Chief Executive, ACCA | July 27, 2015
Research Insights—Accrual-Based Earnings Management in State-Owned Companies: Implications for Transnational Accounting RegulationRecent research aims to determine whether a positive correlation exists between state ownership and earnings management by investigating whether state-owned enterprises actively manage their earnings more than privately owned enterprises.
by Dr. Francesco Capalbo, CPA, Associate Professor of Accounting, Second University of Naples, Italy | July 15, 2015
Applying a “Critical Lens” to Integrated Reporting’s End GameJeff Thomson, President and CEO of the Institute of Management Accountants, discusses the IMA’s views on how internal and external application of integrated reporting, and integrated thinking , are needed.
by Jeffrey C. Thomson, CMA, CAE, IMA President and CEO | July 13, 2015
What Have We Learned from the EU Experience of IFRS Reporting?In July 2002, regulations were adopted requiring all European Union (EU) companies with securities traded on a regulated market to prepare their consolidated financial statements in accordance with International
by Michael Izza, FCA, Chief Executive, ICAEW | June 30, 2015
News and Resources
There are 1968 news/resources
Sluggish Public Sector Reform Poses Risk to Tanzania Economy
Public Finance International - November 1, 2016
How Integrated Reporting Is Changing the Role of the Accounting Profession
Forbes - October 31, 2016
Apple Profits Benefit from 2015 Accounting Change
Wall Street Journal - October 28, 2016
The Future of EU Public Sector Accounting in a Global Context
Institute of Chartered Accountants in England and Wales - October 28, 2016
IRS Hopes to Collect Billions in Taxes from Nonfilers
Accounting Today - October 27, 2016
IRS Issues 2017 Inflation Adjustments for Many Tax Provisions
Journal of Accountancy - October 26, 2016
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