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
Integrated Reporting—Seizing the Opportunity to LeadAs a result of the International Integrated Reporting Council (IIRC)’s Framework being issued in December 2013, integrated reporting has truly begun to take off around the world.
by Helen Brand, Chief Executive, Association of Chartered Certified Accountants | October 14, 2014
Attracting Long-term Investors through Integrated Thinking and ReportingResearch shows that integrated thinking and reporting can have a positive impact on the type of investors your company attracts—those who are in it for the long-term and looking for sustainable value creation.
by Andrew Knauer, Senior Analyst, Just Capital, George Serafeim, Associate Professor of Business Administration, Harvard University School of Business and Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | October 9, 2014
Beyond Enhanced Reporting—The Next Step in Public Sector Financial ManagementIn recent years, there has been a belated recognition that government financial information is insufficient.
by Ken Warren, Chief Accounting Advisor, Treasury of the Government of New Zealand | September 16, 2014
From Integrated Reporting to Integrated Thinking to Integrated Action, and ResultsIntegrated reporting is not an outcome in itself, but rather a means or a tool to create and preserve more sustainable value.
by Vincent Tophoff, Senior Technical Manager, IFAC | September 15, 2014
Making Financial Reporting Better: Strengthening the Financial Reporting Supply ChainIs it sufficient to wait until the next financial crisis hits and ask only: "where were the auditors?"
by Fayez Choudhury, Chief Executive Officer, IFAC | September 2, 2014
News and Resources
There are 1983 news/resources
New Lease Accounting Standard Proposed for Federal Entities
Journal of Accountancy - September 28, 2016
How Norway Spends Its $882 Billion Global Fund
The Economist - September 21, 2016
Belarus Adopts IFRS Standards for All Public Interest Entities
IFRS Foundation - September 21, 2016
G20 Weak over Rebuilding Trust in Public Sector, Says IFAC Chief
Public Finance International - September 20, 2016
Rising Yields May Present Governments with a Bigger Bill
Wall Street Journal - September 16, 2016
How CPAs Can Add Value Through Integrated Reports
Accounting Web - September 16, 2016
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