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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.
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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
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This video series offers valuable insights into the experiences some of our members have had with fraud, and includes case studies highlighting what to look out for and how to deal with potentially fraudulent behavior.
IFAC Senior Technical Manager Vincent Tophoff turns the concept of risk management on its head as an offensive measure rather than one of defense. Can this philosophy work in your organization?
This video discusses why accountants should pay more attention to cybersecurity and how to get clients and other members of the firm involved in protecting their business.
Michael Mason (SVP & Chief Security Officer, Verizon), Jeff Mazanec (Chief Security Officer, General Dynamics), and David Mahon (VP & Chief Security Officer, CenturyLink) join TK Kerstetter, host of “Inside America’s Boardrooms,” discuss cyber guidance for corporate board members.
How Can Big Businesses Protect Themselves from a Data Breach?
November 5, 2015 - The New Economy
A modern cyber security strategy should be in place before a crisis strikes
Sean Quinn, Executive Director & Head of U.S. Research for Institutional Shareholders Services (ISS), joins TK Kerstetter, host of “Inside America’s Boardrooms,” to discuss… “The Board’s Role in Cyber Risk.”
- Call for Clarity on Use of Aid Cash in Public-Private Development Schemes
November 18, 2016 - Public Finance International
- Blockchain Technology: Everything You Need to Know
November 11, 2016 - In the Black
- New Path for CPAs in Cyber Risk Management
November 11, 2016 - Journal of Accountancy
- Cybercriminals Eagle Eye the Accounting Profession
November 7, 2016 - Accounting Web
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