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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
This training course covers the essential elements of cyber security and where to go for help, it is expected to take delegates just one hour to complete.
Update your crisis management plan with guidance assistance from The IIA.
Serves as a guide to thinking about dealing with a cyber-threat and encourages business to move from being reactive to being proactive before it’s too late.
Cyber-Security: How Big is Risk to Small Businesses?
October 27, 2014 - CGMA Magazine
Small businesses often lack the resources to maintain a secure IT environment, and may falsely assume hackers only attack large organizations. These steps can help small businesses protect themselves against cyber-risks.
Challenges the value of the ever-expanding multitude of specialist risk management terminology and concepts, which make risk management unnecessary complex and opaque.
The Global State of Information Security Survey 2015 was conducted by PwC, gathering responses from more than 9,700 security, IT, and business executives in 154 countries.
The Deloitte CFO Survey provides an insight into the thinking and financial attitudes of major UK based companies. 118 CFOs, including 28 at FTSE100 companies took part in the survey between 8th and 22nd September. The full survey report is available here.
- Using Three Lines of Defense to Manage Internal Controls
July 9, 2015 - Journal of Accountancy
- Small Firms Slower to Adopt New Internal-Control Guidelines
June 17, 2015 - Wall Street Journal CFO Journal
- Cost of Cyber Security Breaches More than Doubles
June 4, 2015 - Economia
- Improve Your Data Security and Keep the Hackers Out
June 1, 2015 - In the Black
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