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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.
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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||
The recent financial and economic crises exposed many corporate governance weaknesses—but, at the same time, they created momentum for change. Effective governance encourages better organizational decision making, accountability, and robust scrutiny of organizational performance. Accountants are in an excellent position to ensure that governance is integrated into the very DNA of their organizations, which has been identified as critical to its effectiveness. Read More
If you are passionate about governance, you should read and respond to the latest exposure draft of the revised King Report on Corporate Governance in South Africa. Read More
Should Professional Accountants Care about Culture? Yes!
by Pauline Schu, Policy and Research Officer, ACCA | March 17, 2016 |
A healthy culture is a prerequisite for effective corporate governance and risk management, and a new study from the ACCA backs this up. Read More
A Vision for Integrated Thinking and the Role of Finance Professionals
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | February 1, 2016 |
Integrated reporting continues to gain global momentum and help change the way businesses think about creating value over time—but it is integrated thinking that will ultimately change corporate behavior and lead to more resilient organizations and greater trust in business and government. Read More
Corporate Governance and Transparency—The Chicken or the Egg of Sustainable Development?
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | November 30, 2015 |
The historic agreement between the 193 UN member states on the 17 Sustainable Development Goals is only part of the beginning; businesses play a crucial role in achieving many of the SDGs, and are falling short. Now is a time for focus on the expectations of boards through governance requirements as well as on how more transparency can shine a light on performance and actions. Read More
New guidance from IFAC and the IIRC, Materiality in Integrated Reporting, provides guidance on applying materiality in integrated reporting and supports implementation of the IIRC’s International Integrated Reporting Framework. Read More
- UK Legislators Criticise "Sticking Plaster" OECD Tax Avoidance Reforms
August 4, 2016 - Public Finance International
- Big Win for Tax Whistleblowers as Pair Gets $17.8 Million
August 4, 2016 - Wall Street Journal
- BHS Is Theresa May’s Big Chance to Reform Capitalism–She'd Better Take It
July 27, 2016 - New Statesman
- US CEOs Back Board Diversity, GAAP Adherence in Reform Push
July 25, 2016 - New York Times
- International Framework: Good Governance in the Public Sector, Executive Summary
July 2, 2014 - IFAC, Chartered Institute of Public Finance and Accountancy
- Evaluating and Improving Governance in Organizations
January 31, 2009 - IFAC
- Defining and Developing an Effective Code of Conduct for Organizations
May 31, 2007 - IFAC
- Principles of Corporate Governance
January 27, 2004 - Organisation for Economic Co-operation and Development