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
Coming Soon: Final Guidance on Supplementary Financial MeasuresSneak peek at the upcoming guidance on developing and publishing high-quality supplementary financial measures for internal and external reporting.
by Vincent Tophoff, Senior Technical Manager, IFAC | August 28, 2014
IASB Progresses Review of IFRS for SMEsAs part of its comprehensive review of the International Financial Reporting Standard for Small- and Medium-Sized Entities ( IFRS for SMEs), the International Accounting Standards Board is seeking input from its SME Implementation Group .
by Paul Thompson, Director, European Federation of Accountants and Auditors for SMEs | August 19, 2014
The Cost of European Audit LegislationThe Treaty of Lisbon, which came into effect in 2009, was designed to make the European community more effective, taking into account the perceived benefits accruing from full integration of the internal market.
by Jens Røder, Secretary General & CEO, Nordic Federation of Public Accountants | July 8, 2014
Know Your BoundariesThe Climate Disclosure Standards Board’s proposals for boundary setting in reporting are of practical assistance to professional accountants as they cover boundary setting for non-financial reporting purposes generally as well as for climate...
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | June 23, 2014
It’s Not Really about Bitcoin, It’s about ChangeThe accountancy profession plays an important role in promoting the growth of economies and the efficient operation of markets. In these times of rapid technological change, we should also be key players in the financial innovation taking place...
by Fayez Choudhury, Chief Executive Officer, IFAC | June 10, 2014
News and Resources
There are 1977 news/resources
Meeting of IASB Representatives with the Capital Markets Advisory Committee and the Global Preparers Forum June 2016
IFRS Foundation - September 7, 2016
The IFRS Foundation Has Announced the Publication of New Romanian and Russian Translations
IAS Plus - September 7, 2016
How Accountants Can Save World Business
Accounting Web - September 5, 2016
IIRC Appoints Richard Howitt as New Chief Executive
IIRC - September 5, 2016
Restructuring of the SMEIG and Future Work
IFRS Foundation - September 2, 2016
Special Feature: Public Sector
South African Institute of Chartered Accountants - September 1, 2016
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