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 Yen-pei Chen, Corporate Reporting and Tax Manager. Professional Insights, ACCA | May 11, 2017
New ACCA research outlines integrated reporting insights, including the challenges and best practice responses based on over 40 corporate reports and interviews with leading integrated reporters.
There are 109 articles
Interconnected Global Risks: No Man, or Business, Is an IslandThe challenge of designing an economic model capable of identifying, and then responding to, systemic and interconnected risks is something the G-20 has been grappling with since the onset of the global financial crisis in 2008.
by Mervyn King, Chairman, International Integrated Reporting Council | April 16, 2014
Improving Stakeholder Understanding of Organizational Performance: Making the Most of Supplementary Financial MeasuresMany organizations provide internal and external stakeholders with additional financial measures, beyond accounting requirements, to better capture the organization’s performance and prospects. But the task falls to professional accountants in...
by Chris Hicks, Principal, Research, Guidance, & Support, CPA Canada and Vincent Tophoff, Senior Technical Manager, IFAC | March 4, 2014
Business Models in Integrated Reporting—Learning from the PioneersThe business model is a pivotal component of Integrated Reporting (IR ). An increasing number of organizations are recognizing this and finding innovative ways to integrate the business model into their reporting and disclosure.
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | February 14, 2014
Focus on What Really Matters: Key Trends in Sustainability and ESG ReportingInvestor engagement, regulation, and societal expectations are driving increasing awareness and action on environmental, social, and governance performance. This forces organizations and CFOs to enhance reporting and disclosure, and include ESG...
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | February 10, 2014
News and Resources
There are 1964 news/resources
The Right Way to Think about Non-GAAP Measures
Accounting Today - August 30, 2016
China MOF Now a Member of IFRS Foundation Monitoring Board
CFO Innovation - August 30, 2016
SEC Asks for Comments on Disclosure Simplification
Journal of Accountancy - August 29, 2016
Firms Say Goodbye to Prettied-Up Financial Reports
Wall Street Journal - August 29, 2016
IFAC Interactive Tool Profiles Accounting Rules in Member Countries
CCH Daily - August 26, 2016
International Accounting Standards Board Appoints New Chair and Vice-Chair to Islamic Finance Consultative Group
IFRS Foundation - August 25, 2016
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