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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.
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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
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The IFRS Foundation offers free access to the current year's consolidated unaccompanied English language Standards and official Interpretations (this includes IFRS, IAS, IFRIC and SIC*). 'Unaccompanied' means without the Implementation Guidance and the Basis for Conclusions.
A Guide through IFRS 2015 (Green Book)—Now Available
September 22, 2015 - IFRS Foundation
A Guide through IFRS 2015 includes the official pronouncements issued by the IASB as at 1 July 2015.
Working in the Public Interest: The IFRS Foundation and the IASB
September 14, 2015 - IFRS Foundation
New publication explains how International Financial Reporting Standards are created to bring transparency, accountability and efficiency to financial markets around the world.
2015 IFRS—A Briefing for Chief Executives–Now Available
August 11, 2015 - IFRS Foundation
This Briefing has been specially prepared for Chief Executives, members of Audit Committees, Boards of Directors and others who want a broad overview of the International Accounting Standards Board’s (IASB) Standards.
The 2015 formulas are designed to work with the IFRS Taxonomy 2015. The majority of the changes between the current version and the previous version are related to the IFRS Taxonomy content.
The IFRS Foundation has published the 2015 edition of IFRS as Global Standards: a Pocket Guide. The guide provides a summary of the use of International Financial Reporting Standards (IFRS) in 138 countries around the world, representing over 97 per cent of the world’s GDP.
Video: Panel Discussion on Accounting and the Financial Crisis
December 17, 2014 - IFRS Foundation
On 8 December 2014 the ICAEW and IFRS Foundation held a joint conference on financial institutions. The conference included a panel discussion entitled ‘accounting and the financial crisis’
- The Accounting Rules That Bankrupt Cities
November 23, 2015 - The Atlantic
- Shareholder Activism May Decline Next Year
November 12, 2015 - CFO.com
- IFAC Study Shows Accountancy Strongly Linked to Prosperity, Improved Living Standards
November 12, 2015 - IFAC
- Why 'Integrated Reporting' Attracts Investors
November 11, 2015 - Forbes
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