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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
The GHG Protocol, and accompanying guidance and tools, is the most widely used international accounting tool for government and business leaders to understand, quantify, and manage greenhouse gas emissions.
Of the investors surveyed for this report, 93% called for greater consistency and transparency, while 84% of respondents agreed established standardised reporting frameworks need to be used by companies to achieve both those aims.
This study suggests that companies which provided information on a continuous basis would be perceived as having better corporate governance, and would attract investment more easily
Seeks to influence the growing debate on developing greater consistency of transparency and accountability within public sector financial reporting internationally.
This publication questions the disparity between the standard of financial reporting in government administrations and that of private sector organisations.
The award-winning fund manager discusses what he looks for in a company when he’s making investment decisions.
- Indian Companies not yet Ready for Transition to New Accounting Standards
May 20, 2015 - The Hindu Business Line
- IFRS Foundation Responds to EC's Green Paper and Advocates for IFRS in a Capital Market Union
May 13, 2015 - IAS Plus
- AICPA Debuts Not-for-Profit Section
May 12, 2015 - Accounting Today
- US PCAOB Broadens Outreach to Audit Committees
May 8, 2015 - Accounting Today
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