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.
Information and best practice tips to help small- and medium-sized practices attract new clients, identified in the IFAC Global SMP survey as one of the top challenges firms face.
There are 115 articles
Technology: The Future of the Accountancy ProfessionDisruptive technologies are changing the role of the accountancy profession.
by David Powell, Global Brand Manager, IBM Cognitive Process Services & President, ACAUS | July 17, 2017
Digital Technologies’ Implications for SMPsEmerging technologies, including data analytics, blockchain, artificial intelligence, and machine learning will impact the accountancy profession and SMPs.
by Paul Thompson, Director, European Federation of Accountants and Auditors for SMEs | June 28, 2017
What Can the European Profession Learn from the 2016 IFAC Global SMP Survey?How do the IFAC Global 2016 SMP Survey results for Europe compare to the global view—and what can professional accountancy organization learn?
by Bodo Richardt, President, European Federation of Accountants and Auditors for SMEs and Paul Thompson, Director, European Federation of Accountants and Auditors for SMEs | May 15, 2017
The Power of Technology: Enhancing Business PerformanceThe power of technology is helping measure aspects of business performance never dreamed of a decade ago.
by Jeanne Boillet, Audit Partner & Global Assurance Innovation Leader, EY | April 28, 2017
News and Resources
There are 1777 news/resources
How Blockchain Will Change CPAs’ Work
Journal of Accountancy - August 10, 2017
The Road to Finance Transformation
CFO.com - August 9, 2017
IMA and NABA Announce Memorandum of Understanding
Institute of Management Accountants - August 8, 2017
Fintech: How Does Blockchain Fit into the Future of Financial Services?
CityA.M. - August 3, 2017
Lack of Accounting Guidance Stifles Blockchain Growth in US
Bloomberg BNA - August 2, 2017
IMA Announces Record Growth in CMA Program
CISION PR Newswire - August 1, 2017
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