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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
Regulators worldwide are increasingly under pressure to investigate corruption and fraud across borders and recover proceeds of misconduct. To ensure their multinational companies are mitigating their corruption and fraud risk, boards should take these four steps.
Risk Is Not a Four-Letter Word
April 14, 2016 - Voice America
This podcast discusses the importance of risk from the perspective of individuals, entrepreneurs, project management, society, enterprise, and government.
This article looks at the top obstacles to enterprise risk management success.
Accountants play an essential role in helping organizations develop and implement strategies to protect computer networks and data.
This toolkit will help you to better assess your organization's security risks, develop a security policy, educate employees about privacy and comply with Canadian privacy legislation.
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.
This list tools used by management accountants and outline how they can benefit the majority of organizations, regardless of size or sector.
- Deloitte CFO Insights: Seven Hidden Costs of a Cyberattack
August 25, 2016 - CFO Innovation
- Security in the Accountancy Sector: How Dealing with Documents Correctly Can Help
August 17, 2016 - Accounting Web
- Shining a Brighter Light on Risk
August 3, 2016 - Business Times
- AICPA to Help Position CPAs in Fight against Cyber Crime
July 8, 2016 - Accounting Today
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