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 600 articles
Caribbean Accountancy: Staying Ahead of the CurveWhat does a future ready professional accountancy organization (PAO) look like?
by Dana Jensen, Assistant Technical Manager, Quality & Development, IFAC and Misha Lobban Clarke, Chief Executive Officer, Institute of Chartered Accountants of the Caribbean | September 25, 2017
These Six Building Blocks Are Critical for Better Public Financial ManagementA wider strategic framework is necessary in managing the practical aspects of how governments can change from cash to accrual accounting.
by Sumita Shah, Regulatory Policy Manager, Public Sector, Institute of Chartered Accountants of England and Wales | September 25, 2017
Making Sense of MaterialityThe accounting concept of materiality means that only information that is important to investors needs to be included in the financial statements. Information about trivial matters can be excluded. Even though this sounds straightforward,...
by Hans Hoogervorst, Chairman, International Accounting Standards Board | September 25, 2017
An SMP Perspective on Proposed Changes to the IESBA Code of EthicsGiven recent proposals from the International Ethics Standards Board for Accountants with potential changes for the Code of Ethics for Professional Accountants, small- and medium-sized practices need to start preparing for some of the more...
by Johnny Yong, Technical Manager, Global Accountancy Profession Support, IFAC and Robyn Erskine, Partner, Brooke Bird & SMP Committee Ethics Task Force Chair | September 25, 2017
News and Resources
There are 9672 news/resources
How to Survive 3, 5, 10 Years from Now
Oracle - September 25, 2017
If the Accounting Profession Continues to Adapt, Disruptive Technologies Will Open Up New Opportunities
Raconteur - September 25, 2017
How Technology Is Disrupting Accounting–and Why the Industry Must Adapt
Forbes - September 25, 2017
How Leading Companies Build the Workforces They Need to Stay Ahead
Harvard Business Review - September 25, 2017
Report Visualisation: From Concept to Deployment
Chartered Global Management Accountant, KPMG - September 25, 2017
Special Report: Courageous Leadership
ICAEW - September 25, 2017
Get The Latest. Sent twice monthly.