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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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This report draws attention to the radical change in the role of data in relation to the accountancy profession.
What paperless choices does your accounting practice deserves some of its attention, resources and money to?
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.
This illustrates how a CPA can play a key role in technology selection. The solution selection process provides the opportunity to apply common CPA skills, such as data analytics, to support how an organization decides on new software or applications.
How cloud computing helps SMEs go global.
This article looks at what businesses can do to protect their networks from cyber security breaches.
Florian Stahl, lead information security consultant at MSG Systems, offers nine tips to bolster thinking around data security.
- How Blockchain Will Change Business Transactions
June 2, 2016 - Accounting Today
- Is Bitcoin Really Money? Economics Professor Says ‘No’ in Landmark Criminal Case
June 1, 2016 - International Business Times
- Are Weaknesses in Your Planning Process Making You Miss Your Target?
April 13, 2016 - CFO Innovation
- High Tech Meets Low Finance
March 14, 2016 - The Economist
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