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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. Read More
Meeting Users’ Information Needs: The Use and Usefulness of Integrated Reporting
August 10, 2016 - Association of Chartered Certified Accountants
This report explores how providers of financial capital perceive integrated reporting (<IR>) and its potential for providing decision-useful information, through interviews with senor capital market participants.
The Trueblood Case Studies
August 10, 2016 - Deloitte
Trueblood cases are available to everyone as PDFs. Topics include: earnings quality, financial instruments, consolidations, derivatives, and more.
A new analysis by the IFRS Foundation shows that more than 25,000 of the approximately 48,000 domestic listed companies on the 85 major securities exchanges in the world use IFRS Standards.
Concrete Proposal for Public Country-by-Country Reporting on Disclosing Tax Information
August 10, 2016 - Fédération des Experts-comptables Européens – Federation of European Accountants
This template guides companies in providing useful information required by stakeholders whilst minimising the costs of preparation and the risk of disclosing economically sensitive information.
How can users properly apply the IFRS Conceptual Framework for Financial Reporting to make sound judgements and resolve accounting issues?
This tool will help you identify the key areas that your organization may need to address to deliver more effective decision making.
This article provides practical and well-supported answers to 16 questions about its application.
- IFRS Foundation Reduces Size of IASB
December 1, 2016 - Accounting Today
- Financial Management Progress ‘Frustrated by Multiple Systems and Lack of Capacity’
November 28, 2016 - Public Finance International
- IRS Seeks Information on Bitcoin Users from Coinbase
November 22, 2016 - Accounting Today
- The Clock Is Ticking on IFRS Changes
November 21, 2016 - In the Black
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