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 854 articles
Regional Cooperation Can Transform Standards Implementation: An Opportunity for Latin AmericaFor adoption and implementation to progress and remain current, the region needs to intentionally come together to influence and contribute to the IAASB and the IESBA standard-setting processes.
by Manuel Arias , Technical Manager, Quality & Development, IFAC | September 19, 2019
Climate Action in a Climate EmergencyClimate change is serious. The threat is immediate. There is no long-term planning horizon. It is one of those big, scary, multi-faceted societal problems that will require serious, coordinated vision and leadership to solve. This is not a...
by Kevin Dancey, Chief Executive Officer, IFAC | September 19, 2019
Enhancing Firm Credit Control and Fee CollectionEffective credit control and collection practices are critical to successfully managing a small firm. Consider some fundamental rules and tips for resolving with fee conflicts.
by Christopher Arnold, Head of SME/SMP and Research, IFAC and George Willie, Managing Partner, Bert Smith & Co. | September 16, 2019
Case Studies On Compliance with the IESBA Code of EthicsCase studies and real life examples from the Institute of Chartered Accountants of India (ICAI) about compliance with the fundamental principles of the IESBA’s revised and restructured Code of Ethics.
by Johnny Yong, Technical Manager, Global Accountancy Profession Support, IFAC and Manoj Fadnis, Past Member, IFAC Small and Medium Practices (SMP) Committee | September 16, 2019
5 Key Factors to Enhance Audit Committee EffectivenessIt is important to recognize that there is no one-size-fits-all model for audit committees and therefore enhancing their effectiveness will be more dependent on adoption of good practices rather than further prescriptive legislation or additional...
by Laura Leka , Technical Manager, Global Accountancy Profession Support, IFAC and Laurie Tugman, IFAC PAIB Committee Member | September 9, 2019
News and Resources
There are 8754 news/resources
Why Creative Thinking Is the Soft Skill Accountants Need
In the Black - September 20, 2019
Machine Learning: An Introduction for Finance Professionals
ACCA - September 19, 2019
Robotics in Finance: The Future
ACCA - September 19, 2019
Upcoming Event: PD Leake Lecture Live Steam - Acting in the Public Interest: Accounting for the Vulnerable
ICAEW - September 18, 2019
Disruptive Tech in the Consumer Products Industry
Deloitte - September 16, 2019
ICAEW Tech Talks on Key Tech Trends
ICAEW - September 6, 2019
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