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IFAC FOCUS AREAS
- Accountability. Now.
- 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
IPSASB Adoption and Implementation
January 27, 2015 - International Public Sector Accounting Standards Board
A newly redesigned IPSASB ‘Adoption & Implementation’ page which features new video case studies.
Telecom giant AT&T’s director of accounting discusses a few ways organisations can avoid unintended errors in financial statements.
Video: Panel Discussion on Accounting and the Financial Crisis
December 17, 2014 - IFRS Foundation
On 8 December 2014 the ICAEW and IFRS Foundation held a joint conference on financial institutions. The conference included a panel discussion entitled ‘accounting and the financial crisis’
Make sure your accounting and reporting systems are up to date with this year-end round up reporting alert.
Nick Topazio, ACMA, CGMA, explains how companies can adopt integrated thinking and decision-making processes that are fundamental to the creation of an integrated report.
For supreme audit institutions (SAIs) the adoption of the cash-basis IPSAS is a welcome development, as the International Standards of SAIs list IPSAS as an acceptable general purpose financial reporting framework. This article (pages 15-19) deals with some of the challenges faced by SAIs when auditing cash-basis IPSAS financial statements.
This assists new preparers of integrated reports with suggestions for planning and preparing an integrated report drawing on the wisdom of some of South Africa’s most experienced reporters.
- The Quiet War on Corporate Accountability
April 27, 2016 - New York Times
- IPSASB Publishes the Applicability of IPSASs
April 22, 2016 - International Public Sector Accounting Standards Board
- Stamford Company's App Aimed at Organizing Leases
April 20, 2016 - Stamford Advocate
- Public Sector Transparency and Accountability Vital to Caribbean Economic Growth
April 13, 2016 - IFAC
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