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IFAC FOCUS AREAS
- Accountability. Now.
- 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.
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Performance & Financial Management
Professional accountants will use many performance & financial management methods and approaches to help their organization deliver its objectives, goals, targets, and strategies. Performance & financial management encompasses all of the management, process, and behavioral aspects of strategy execution and monitoring performance. Read More
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Simplified customs admin to increase devoloping countries' trade & state revenues.
A Better Way to Understand Internal Rate of Return
November 6, 2015 - McKinsey & Company
Investments can have the same internal rate of return for different reasons. A breakdown of this metric in private equity shows why it matters.
Your business clients need the right real-time insight.
As crowdfunding continues to take off, CPAs can help small and medium-size enterprises navigate the complexities of this new sphere.
There can be a number of signs that a company is in danger of insolvency. This article looks at some of the early warning signs, which should hopefully allow some companies to put plans in place to address their difficulties, before it is too late.
The report discusses the recent survey findings provide meaningful insights into SMEs’ frustrations and current attitudes to entrepreneurship, offering suggestions on how to improve the SME environment.
Brian Sommer returns from spending quality time with accounting professionals looking at the topic of ‘big data.’
- EU Associations Trio Strongly Involved with SMEs Forge Common CMU Position
November 25, 2015 - FEE
- IFAC Study Shows Accountancy Strongly Linked to Prosperity, Improved Living Standards
November 12, 2015 - IFAC
- Align Finance, Operations to Improve Working Capital
November 11, 2015 - CFO.com
- Leveraging Islamic Finance Promotes Growth and Prosperity of Small Businesses
November 9, 2015 - World Bank Voices
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