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, Head of Professional Accountants in Business and Integrated Reporting, 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 141 articles
El futuro de la información corporativa–la creación de una dinámica hacia el cambioLos rápidos cambios en el extenso entorno empresarial han activado la alerta sobre si la información corporativa aún cumple con sus objetivos. En la actualidad, no se cuenta con una perspectiva común frente a cuáles son los problemas y, muchos...
by Hilde Blomme, Deputy CEO, FEE and Petr Kriz, President, FEE | February 23, 2016
The Future of Corporate Reporting—Creating the Dynamics for ChangeRapid changes in the broader business environment have increased concerns over whether corporate reporting continues to fulfill its objectives.
by Petr Kriz, President, FEE and Hilde Blomme, Deputy CEO, FEE | February 23, 2016
A Capital Approach for Performance ReportingFinancial performance information is useful in predicting capacity to generate cash flows from an existing resource and capital base—should the income statement reflect all aspects of performance reporting?
by Kurt Ramin, Director, KPR Associates, Düsseldorf and Dubai | February 18, 2016
Up-Close with Joyce Evans, Deputy City Treasurer & Director of Revenue, City of Kitchener, CanadaA member of the IFAC Professional Accountants in Business Committee describes some of her experiences as an accountant in the public sector, and the skills and competences needed.
by Joyce Evans, Deputy City Treasurer & Director of Revenue, City of Kitchener, Canada | February 4, 2016
A Vision for Integrated Thinking and the Role of Finance ProfessionalsIntegrated reporting continues to gain global momentum and help change the way businesses think about creating value over time—but it is integrated thinking that will ultimately change corporate behavior and lead to more resilient organizations...
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | February 1, 2016
News and Resources
There are 2010 news/resources
50 Drivers of Change in the Public Sector
Association of Chartered Certified Accountants - January 24, 2017
Guide on Public Participation in Fiscal Policy Principles and Mechanisms in Fiscal Policy
GIFT - January 18, 2017
The Importance of Sustainability Accounting and Reporting in Assessing a Firm: A Student’s Perspective
Accounting Today - January 12, 2017
IPSAS Adoption in Africa
AccountancySA - January 12, 2017
Getting to the Heart of Decision Making—Whitehall’s Financial Management Reform
Chartered Institute of Management Accountants, Institute for Government - January 11, 2017
AICPA Releases Revenue Recognition Guide
Accounting Today - January 5, 2017
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