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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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Risk Management & Internal Control
Proper risk management and internal control help organizations understand the risks they are exposed to, put controls in place to counter threats, and effectively pursue their objectives. They are therefore an important aspect of an organization’s governance, management, and operations. Professional accountants can and should play a leading role in helping their organizations achieve an integrated, organization-wide approach to risk management and internal control—which ultimately helps create, enhance, and protect stakeholder value. Read More
New Report from IFAC Tackles Risk Management
May 19, 2015 - Accounting Web
Namibia Fares Well in Ethics and Risk Survey
May 19, 2015 - The Namibian
The Revision of ISO 31000 on Risk Management Has Started
May 13, 2015 - ISO
IFAC Offers Advice on Risk Management
May 11, 2015 - Accounting Today
New Thought Paper Released by IFAC Tears Down the Risk Management Silo
May 7, 2015 - IFAC
4 Ways to Protect Your Business Against Employee Fraud and Theft
May 4, 2015 - Entrepreneur
Screening for Climate and Disaster Risks–An Imperative for Climate Resilient Development
April 30, 2015 - World Bank
Britain ‘Most Cyber-Attacked Country’ in Europe–Report
April 29, 2015 - RT.com
The World’s Top Economic Risk Hotspots
April 29, 2015 - CGMA Magazine
Materiality Matters: Why Don't Companies Have to Disclose Sustainability Risk?
April 28, 2015 - Green Biz
- Internal Control-Integrated Framework
May 1, 2013 - Committee of Sponsoring Organizations of the Treadway Commission (COSO)
- Evaluating and Improving Internal Control in Organizations
June 28, 2012 - IFAC
- Evaluating and Improving Governance in Organizations
January 31, 2009 - IFAC
- Defining and Developing an Effective Code of Conduct for Organizations
May 31, 2007 - IFAC