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 647 articles
Tackling Modern Slavery: What Role Can Accountants Play?The new wave of modern slavery disclosure regulations require companies to disclose audits and associated monitoring mechanisms to tackle any human suffering arising from their business operations—a process accountants can play a play a role in.
by Professor Muhammad Azizul Islam, PhD, CPA, CA, Chair in Accountancy & Director of Postgraduate Research Programme (Accounting & Finance) Business School, University of Aberdeen | February 12, 2018
Breakthrough in Financing Circular Business Models Shows Need for AccountantsFinancial modelling that enables an understanding of how a Product-as-a-Service model can be viable and represented by financial statements will help to unlock new investment in new innovative and sustainable business models.
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | February 12, 2018
Cybersecurity: Eyes Wide OpenCyber theft is evolving and assailants are continuously looking for new and creative ways to monetize data.
by Steve Ursillo, Jr., Partner, Risk Assurance & Advisory and National Leader: Information Assurance & Cybersecurity at Cherry Bekaert | February 12, 2018
How Can the New ERM Framework Help You?The updated COSO ERM framework focuses on five elements of good ERM, which guides businesses in developing a strategy that ultimately helps them reach their mission and vision.
by Patrick J. Stroh, Institute of Management Accountants Global Board Member and President, Business Strategy Innovation at Mercuiry Business Advisors | February 12, 2018
It Is Time for Africa to Accelerate Implementation of Integrated Thinking and ReportingAdopting integrated thinking and IR will contribute to improving decision making, transparency and accountability especially as to how organizations in the public and private sector are creating value and contributing towards improving lives of...
by Patrick Kabuya, Senior Specialist, World Bank Group | February 2, 2018
News and Resources
There are 9830 news/resources
Quality Assurance for Audit–Good Practice Guide
ICAEW, Confederation of Asian and Pacific Accountants, Asian Development Bank - February 21, 2018
Maturity Model Guidance Series: Investigation & Discipline
Confederation of Asian and Pacific Accountants - February 21, 2018
The UK Central Government Public Financial Management System
ICAEW - February 21, 2018
Managing the Public Balance Sheet
ICAEW - February 21, 2018
Tenets of a Quality Audit
ACCA - February 15, 2018
Skills That Help Accounting Professionals Succeed Alongside AI
Financial Management Magazine - February 14, 2018
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