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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
Five Steps to Simplifying Financial Statements—Today
November 30, 2015 - CPA Canada
Learn an approach to simplify your financial statements by reducing disclosure overload, without the use of significant resources.
Integrated Reporting: A New Era for Public Sector Entities in South Africa
November 24, 2015 - Nkonki
The report assesses how local parastatals measure up in terms of applying the guiding principles of and global best practice relating to integrated reporting.
This book illustrates an existing bond between corporate financial performance and corporate financial reporting. The authors provide an in-depth analysis of this link, and robust evidence for the resulting financial implications in the context of international accounting and financial reporting standards (IASs and IFRSs).
International Financial Reporting Standards (IFRS): Viewpoints
November 24, 2015 - CPA Canada
CPA Canada's Viewpoints provides guidance on applying IFRS for the oil, gas and mining sectors.
Driven by the need to improve public finance management, accounting reforms are initiated by an increasing number of public sector entities, with the IPSASs serving as a reference point.
This uses expert insight from the South African business community to understand the challenges for as it evolves to deliver independent assurance in the same manner as conventional annual reports and financial statements.
Analyses mandatory reporting schemes in G20 countries and identifies commonalities and divergences between them.
- Financial Management Progress ‘Frustrated by Multiple Systems and Lack of Capacity’
November 28, 2016 - Public Finance International
- IRS Seeks Information on Bitcoin Users from Coinbase
November 22, 2016 - Accounting Today
- The Clock Is Ticking on IFRS Changes
November 21, 2016 - In the Black
- White to Leave SEC Chair Post in January
November 15, 2016 - Journal of Accountancy
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