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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.
|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
How Our Regulatory System Broke, and Why We Must Fix It
November 14, 2016 - US Chamber of Commerce
The federal regulatory process must be reformed to ensure that agencies implement the will of Congress and that the courts uphold the constitutional principle of separation of powers.
Collaboration in International Standard-Setting
November 14, 2016 - IFRS Foundation
The IFRS Foundation has published a new video exploring the role of national standard-setters and regional groups in the work to develop IFRS Standards as a worldwide financial reporting language and the importance of collaboration.
Introduction to Blockchain Technology
November 8, 2016 - CPA Canada
Learn about blockchain technology and familiarize yourself with the potential implications, opportunities and risks for capital markets and reporting.
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.
Non-GAAP Measures: Academic Literature Review
October 26, 2016 - CPA Canada
This academic literature review gives those interested in non-GAAP measures a basis for beginning to appreciate past findings and provides a structured reference point from which to carry research forward into specific sub-areas of interest.
This report presents the key conclusions of a study conducted by the Inter-American Development Bank, in collaboration with the Organization of Latin American and Caribbean Supreme Audit Institutions and CAROSAI, and analyzes the trends and principal achievements of Supreme Audit Institutions in the region during the past ten years.
- 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
- White to Leave SEC Chair Post in January
November 15, 2016 - Journal of Accountancy
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