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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.
|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. Read More
New report states that the effectiveness of corporate non-financial reporting is improving among leading companies, but there remains a lot to be done for reporting to reach its full potential in driving improved performance and decision-making.
This report aims to expand on the idea of Integrated Guidance and focus on the practical steps that companies need to take in order to implement it.
This document contains sample financial statements based on the FRF for SMEs and the US GAAP to illustrate the differences between the two reporting options.
This provides guidance on implementing a holistic business management system based integrated reporting.
This introduces the benefits of Integrated Reporting and how to implement it.
A guide to integrated reporting through the lens of a multiple capital approach to value creation.
This explores the possible impacts that integrated reporting may have on the role of the finance professional.
- Consultation on Draft Natural Capital Protocol Launched
November 25, 2015 - Natural Capital Coalition
- China Seeks to Deepen Ties with Global Accounting Rules
November 24, 2015 - Reuters
- The Accounting Rules That Bankrupt Cities
November 23, 2015 - The Atlantic
- Shareholder Activism May Decline Next Year
November 12, 2015 - CFO.com
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