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 565 articles
Your Turn to Weigh In: Proposed Modernization of Accounting Estimates Auditing StandardThe IAASB’s Proposed ISA 540 (Revised), Auditing Accounting Estimates and Related Disclosures, significantly changes how auditors evaluate accounting estimates and related disclosures—auditors and other stakeholders are asked to consider the...
by Jasper van den Hout, Principal, International Auditing and Assurance Standards Board | July 18, 2017
Transforming Challenges into Opportunities: Regulations & StandardsInformation and best practice tips to help small- and medium-sized practices address the challenge of keeping up with new regulations and standards.
by Christopher Arnold, Head of SME/SMP and Research, IFAC and Mats Olsson, IFAC SMP Committee Deputy Chair and Partner, Adrian & Partners AB | July 17, 2017
Technology: The Future of the Accountancy ProfessionDisruptive technologies are changing the role of the accountancy profession.
by David Powell, Global Brand Manager, IBM Cognitive Process Services & President, ACAUS | July 17, 2017
Public Finance Business Partners: Influencing Better Public Sector PerformanceThere is a growing expectation that the public sector should “do more with much less” so public administrators are required to be more efficient and effective.
by Marcel Holder Robinson, Finance Policy Manager (Governments), Chartered Institute of Public Finance and Accountancy | July 17, 2017
News and Resources
There are 9593 news/resources
How AI Is Reshaping The Accounting Industry
Forbes - July 21, 2017
How AI Is Reshaping the Accounting Industry
Forbes - July 21, 2017
IMA Names Alex C. Eng as Chair of Global Board of Directors
Institute of Management Accountants - July 19, 2017
Boomer’s Blueprint: Blockchain—Hype or Reality?
Accounting Today - July 17, 2017
Making a Difference: Audit Committees in Central and Eastern Europe
ICAEW - July 13, 2017
Three Reasons to Embrace Cloud-Based Technology
AICPA Insights - July 13, 2017
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