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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.
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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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Professional Conduct in Relation to Taxation
November 1, 2016 - Institute of Chartered Accountants in England and Wales
This guidance sets out clear professional standards in relation to the facilitation and promotion of tax avoidance.
The Future of EU Public Sector Accounting in a Global Context
October 28, 2016 - Institute of Chartered Accountants in England and Wales
This discussion paper seeks to encourage a broad consensus among both public and private sector stakeholders to assist the reform of public sector accounting across Europe. Responses in any form from interested stakeholders are encouraged by March 31, 2017.
This report discusses how political leadership can be best supported by modern financial management as it seeks to get the best outcomes for the public finances in challenging times.
International Accounting, Auditing & Ethics (IAAE) provides you with practical resources in international accounting, auditing and ethics.
This publication examines seven important areas of annual reporting and makes recommendations that will improve the quality of corporate information provided. These recommendations offer practical guidance for those involved with annual reports.
February 16, 2016 - Institute of Chartered Accountants in England and Wales
IFRS factsheets on international financial reporting issues, written by experts in the field.
This report look at the costs and benefits of regulating SMEs’ financial reporting, at why SMEs may require a different regime from other businesses, and at what research can tell us about these questions.
- 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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