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 650 articles
Flexibility & A Transparent Corporate Culture Will Help Attract Top TalentAttracting and retaining talent requires a transparent corporate culture, work structure flexibility, and leadership engagement.
by Lisa Simpson, Associate Director, Firm Services, AICPA | February 23, 2018
RegTech Will Help Transform AuditRegTech, that is Regulatory Technology, will probably have a profound effect on the audit profession—and audit will need to adapt.
by Liv Watson, Co-Chair, ICAEW Natural Capital Accounting, Structured Data Task Force and Senior Director, Strategic Customer Initiatives at Workiva | February 23, 2018
Tackling Modern Slavery: What Role Can Accountants Play?The new wave of modern slavery disclosure regulations require companies to disclose audits and associated monitoring mechanisms to tackle any human suffering arising from their business operations—a process accountants can play a play a role in.
by Professor Muhammad Azizul Islam, PhD, CPA, CA, Chair in Accountancy & Director of Postgraduate Research Programme (Accounting & Finance) Business School, University of Aberdeen | February 12, 2018
Breakthrough in Financing Circular Business Models Shows Need for AccountantsFinancial modelling that enables an understanding of how a Product-as-a-Service model can be viable and represented by financial statements will help to unlock new investment in new innovative and sustainable business models.
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | February 12, 2018
News and Resources
There are 9832 news/resources
ICOs: Real Deal or Token Gesture? Exploring Initial Coin Offerings
ACCA - February 23, 2018
Reporting Implications of Canadian Auditing Standards (CAS)
CPA Canada - February 23, 2018
Quality Assurance for Audit–Good Practice Guide
ICAEW, Confederation of Asian and Pacific Accountants, Asian Development Bank - February 21, 2018
Maturity Model Guidance Series: Investigation & Discipline
Confederation of Asian and Pacific Accountants - February 21, 2018
The UK Central Government Public Financial Management System
ICAEW - February 21, 2018
Managing the Public Balance Sheet
ICAEW - February 21, 2018
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