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||
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. See the full overview.
by Bhumi Jariwala, Editor, IFAC Global Knowledge Gateway | June 15, 2015
What does the emergence of artificial intelligence mean for professional accountants and the profession?
There are 55 articles
The Societal Importance of Cost Accounting Standards Issued by the Institute of Cost Accountants of IndiaCost accounting standards promote uniformity and consistency through the integration, harmonization, and standardization of the different principles and practices previously in use.
by Rakesh Singh, Chairman, Cost Accounting Standards Board, Institute of Cost Accountants of India | June 17, 2014
Using Management Accounting to Drive Environmental PerformanceAre organizations using management accounting tools, such as activity-based costing and management (ABC/M), to manage environmental impacts? As with a traditional ABC/M model, an environmental ABC/M model leverages an organization’s emissions...
by Anthony Pember, Chief Executive Officer, Pilbara Group, Mark Lemon, Manager, Global Public Sector Practice, Grant Thornton LLP and Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | April 25, 2014
CIMA’s Global Management Accounting Principles: Seeking Your InputThe Chartered Institute of Management Accountants (CIMA) has launched a consultation on a set of Global Management Accounting Principles © and we would very much like your help.
by Charles Tilley, Chief Executive, CIMA | March 27, 2014
Bringing Decision Making up to ScratchThe role of professional accountants in assisting their organizations in making the most of predictive business analytics to improve strategy and performance management enterprise wide is more important than ever. Organizations are drowning in...
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | February 10, 2014
How Good or Bad Are Your Organization’s Costing Practices?How can organizations know if their costing practices have become stale and out-of-date and if, consequently, these practices no longer adequately meet the informational needs of managers and employee teams, allowing them to gain insights and...
by Gary Cokins, CPIM, Analytics-Based Performance Management LLC | January 27, 2014
News and Resources
There are 653 news/resources
Why Funding SMEs within the EU Capital Markets Union Action Plan Is Challenging
CFA Institute - July 5, 2016
SMEs, Growth, and the Role of Accountants
AccountingCPD.net - July 5, 2016
SME Guide to Energy Efficiency
Business Advice Service - July 2, 2016
CGMA Tool: Business Continuity Management—Key Strategies and Processes
Chartered Institute of Management Accountants - July 1, 2016
ICAS Brexit Answers: Taxation and Accounting
ICAS - July 1, 2016
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