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||
Finance Leadership & Development
Professional accountants need to respond to the continually changing expectations of their organizations, the financial markets, and society. In addition, many accountants aspire to finance leadership roles, such as chief financial officer (CFO). As a result, they must fulfill their traditional responsibilities, while increasing their support of strategic and operational decision-making. Through education, life-long learning, and development, they must acquire the right mixture of skills, experiences, and attitudes, including leadership, strategy, business, management, and interpersonal skills. See the full overview.
by PAO Development Committee, IFAC | June 28, 2017
The IFAC Professional Accountancy Organization (PAO) Development Committee on what it takes to establish a PAO that is relevant, sustainable, and ready to adopt and implement international standards and best practices.
There are 601 articles
The Budget Transparency Toolkit: The 5 Key Entry Points to Budget TransparencyNavigating budget transparency? The OECD’s new Budget Transparency Toolkit serves as a guide to navigating the various standards on budget transparency, and as an aid to orientation and action within this busy landscape.
by Ronnie Downes, Deputy Head, Budgeting & Public Expenditures, OECD | September 26, 2017
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
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