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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||
Unethical business practices harm organizations and economies. Large-scale business failures such as Enron—as well as the more recent failures related to the global financial crisis—highlight the consequences of unethical business practices and amoral management. Professional accountants, as stewards of transparency and trust, and subject to a professional code of ethics, have a key role to play not only in upholding but in encouraging and influencing ethical behavior and decision making within their organizations. Read More
A new app from Nederlandse Beroepsorganisatie van Accountants offers professional accountants in business an interactive tool to discuss, debate, and assess ethical dilemmas. Read More
Developing the IFAC SMP Committee Response: Proposed Changes to the IESBA Code Regarding Long Association
by Albert Au, IFAC SMP Committee Member and Ethics Task Force Chair, and Christopher Arnold, Technical Manager, SME & SMP Affairs, IFAC | September 24, 2014 |
The IFAC SMP Committee seeks feedback in developing our response to the IESBA’s Exposure Draft, Proposed Changes to Certain Provisions of the Code Addressing the Long Association of Personnel with an Audit or Assurance Client, which is open for comment until November 12, 2014. Read More
How Do You Self Identify? Professional Identity and Balancing Competing Interests
by Eva Tsahuridu, Policy Adviser Professional Standards and Governance, CPA Australia | September 15, 2014 |
Over time professional accountants in business, hired for their professionalism and independent judgment, may identify with their organization more than their profession, which can be a problem. Read More
Epictetus and the Importance of Reason before Ethics
by Eli R. Khazzam, Editor-in-Chief, IFAC Gateway | August 13, 2014 |
Epictetus, a Greek Stoic philosopher who lived in the early second century AD, argued our capacity to reason provides the basis to recognize many ethical truths, so what would he say to the accountants of today regarding professional ethics codes? Read More
Developing the SMP Committee Response: The Code of Ethics and Non-Assurance Services for Audit Clients
by Christopher Arnold, Technical Manager, SME & SMP Affairs, IFAC | July 22, 2014 |
The IFAC SMP Committee is seeking feedback on their preliminary views in response to the IESBA’s Exposure Draft on proposed changes to the Code of Ethics for Professional Accountants addressing non-assurance services for audit clients. Read More
- Ethics Board Issues Revised Proposal on Global Standard on Responding to Non-Compliance with Laws and Regulation
May 20, 2015 - CFO Innovation
- ICAN President Decries Corruption, Challenges Accountants on Integrity
May 20, 2015 - World Stage
- Many on Wall Street Say It Remains Untamed
May 19, 2015 - New York Times
- Ethics a Professional Imperative
May 14, 2015 - Viet Nam News
- 2014 Handbook of the Code of Ethics for Professional Accountants
July 17, 2014 - International Ethics Standards Board for Accountants
- Defining and Developing an Effective Code of Conduct for Organizations
May 31, 2007 - IFAC