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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.
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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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3 Ways Accountants Can Use Big Data to Fight Fraud
June 15, 2015 - Accounting Web
Accountants can leverage big data to help combat fraud and possibly fraudulent activities.
t seems that UK accountants are turning to cloud technology in their masses. Recent research has suggested that the biggest motivating factors for this include the chance to cut internal overheads, including the likes of data input and travel costs, as well as the desire to improve both client and service satisfaction.
- Financial Planning and Analysis: Selecting the Right Organizational Model
August 3, 2016 - CFO Innovation
- Welcome to the New Age of Uncertainty
August 1, 2016 - Guardian
- How Blockchain Will Impact Accountants and Auditors
July 22, 2016 - Economia
- Where Machines Could Replace Humans—and Where They Can't (Yet)
July 12, 2016 - McKinsey&Company
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