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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.
|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. Read More
New guidance from the ACCA is intended to help accountants advise SMEs on how to establish and operate carbon accounting. Read More
The Evolution of an Accounting Practice: The Impact of Technology
by Giancarlo Attolini, Chair, IFAC SMP Committee and Paul Thompson, Director, Global Accountancy Profession Support | September 24, 2014 |
IFAC SMP Committee Chair Giancarlo Attolini interviews five committee and IFAC Board members on the technologies that have and will most impact them. Read More
How Accounting Practices Can Support the Globalization of Small Business
by Stuart Black, IFAC SMP Committee Member and Paul Thompson, Director, Global Accountancy Profession Support, IFAC | August 19, 2014 |
Small businesses are going global, and their accountants can help them on the journey; a look at recent surveys and trends, plus nine recommendations to help accountants enhance their ability to provide international services. Read More
Monitoring and Benchmarking Key Performance Indicators: Part Two
by Stuart Black, IFAC SMP Committee Member, and Paul Thompson, IFAC Director, SME & SMP Affairs | August 5, 2014 |
Part One of this two-part series looked at how to select key performance indicators; Part Two looks at benchmarking and using the data. Read More
Is Value Pricing the Way of the Future? We Asked and You Said Yes!
by Andreas Noodt, Member, IFAC SMP Committee | July 25, 2014 |
We asked if you think Value Pricing will be the strategy of the future—results are in! Read More
- Guide to Practice Management for Small- and Medium-Sized Practices, Third Edition
December 13, 2012 - IFAC