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||
To help improve the management and operational efficiency of practices, especially small- and medium-sized accountancy practices (SMPs), this area is intended to help those managing practices to address opportunities and challenges; improve their competitiveness, profitability, and sustainability; enhance their expertise, competence, and efficiency; create an environment conducive to the provision of high-quality services; and showcase global best practices and latest practice management techniques. See the full overview.
by Diane Jules, Deputy Director, IESBA and Robyn Erskine, Partner, Brooke Bird & IFAC SMP Committee Member | September 12, 2018
The revised and restructured Code of Ethics will come into effect in June 2019; the IFAC SMP Committee has actively monitored and engaged on each aspect of the project to provide input and suggestions with a focus on matters that impact SME and...
There are 199 articles
Encouraging Successful Exit Strategies–Passing the BatonThe importance of succession planning, the public policy actions for improving business transfers conditions and the critical support role of professional accountants.
by Christopher Arnold, Head of SME/SMP and Research, IFAC and Monica Foerster, Chair, IFAC SMP Committee | June 7, 2019
SMEs as the Backbone of Southeast Asia’s Growing EconomyThe ASEAN Federation of Accountants (AFA) Research Report covers the institutional environment for small and medium enterprises (SMEs) and roles for the accounting profession from the ASEAN Perspective.
by Aucky Pratama, Executive Director, ASEAN Federation of Accountants | April 29, 2019
How to Support the SMP of the FutureSMPs face many challenges, from competition and regulatory changes to digital technology advances and staffing issues—Global research from the Edinburgh Group suggests how SMPs and their professional accountancy organizations can respond for a...
by Eamonn Siggins, Chief Executive, CPA Ireland and Jamie Lyon, Director of Professional Insights, ACCA | March 18, 2019
News and Resources
There are 1737 news/resources
Developing Your Own Specialized Niche Practice
Journal of Accountancy - June 7, 2019
Workflow Management Basics for a Modern Practice
Chartered Accountants ANZ - May 23, 2019
How to Get Started with Value Pricing
Journal of Accountancy - May 23, 2019
AFA Research Grant 2019-Call for Proposals
ASEAN Federation of Accountants - May 23, 2019
How to Get Started with Value Pricing
Journal of Accountancy - May 1, 2019
The Rise of Artificial Intelligence: A Critical Inflection Point for the Accounting Profession
CPA.com - April 29, 2019
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