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 123 articles
Research Insights—A Study of Countries’ Adoption of IFRS for SMEsNew research explores the key factors that determine a country's likelihood of adopting the International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs).
by Devrimi Kaya, Assistant Professor of Accounting, University of Erlangen-Nürnberg (Germany) and Maximilian Koch, Attorney, Siemens AG | April 21, 2015
An Abundance of Resources to Fight Financial Reporting FraudFinancial reporting fraud is relatively rare, but it remains a serious challenge. Research from the Committee of Sponsoring Organizations of the Treadway Commission (COSO) has indicated that the median
by Cindy Fornelli, Executive Director, Center for Audit Quality | April 21, 2015
Trust in Public Finances: A Survey of Citizens in 10 European CountriesA recent Institute of Chartered Accountants in England and Wales (ICAEW)-PwC survey reveals that only one in five Europeans are confident in their government's ability to manage public finances, an indication of how slender the trust is between...
by Martin Manuzi, ICAEW Regional Director, Europe and Patrice Schumesch, PwC Global Public Finance and Accounting Partner | April 1, 2015
Integrated Reporting Needs a US StrategyWith the release of the International Integrated Reporting Council (IIRC)’s Framework in December 2013, many global organizations are realizing the value of integrated reporting. Yet, many corporations in...
by Jeffrey C. Thomson, CMA, CAE, IMA President and CEO | March 24, 2015
News and Resources
There are 1977 news/resources
The European Securities and Markets Authority (ESMA) and the IFRS Foundation Sign Updated Statement of Protocols
IFRS Foundation - October 13, 2016
Integrated Reporting to ‘Play Key Role in Malaysia’s Economic Development’
Public Finance International - October 12, 2016
10 Years On, Are International Standards Helping Financial Reporting?
In the Black - October 12, 2016
Government Accounting and Financial Reporting Reforms in Latin America
Organisation for Economic Co-operation and Development - October 11, 2016
IFAC Win Award for Capacity Building Work
Public Finance International - October 7, 2016
Future of the Annual Report–What Does a Good Annual Report Look Like?
IIRC - October 6, 2016
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