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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.
|Global Knowledge Gateway||
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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Securing Your Business against Privacy Issues and Security Breaches
September 3, 2015 - CPA Canada
This toolkit is intended to help busy professionals address the privacy and data security issues within their organizations with practical information and good practices.
A new publication from Chartered Professional Accountants of Canada helps small and medium-sized enterprises (SMEs) tackle the challenges associated with collecting and appropriately securing customer information.
A Framework For Board Oversight of Enterprise Risk
April 14, 2012 - CPA Canada
Assist boards of directors in fulfilling their responsibility for the oversight of risk.
Explores ways to use the risk management process to exploit opportunities, drive organizational innovation, and generate short- and long-term profits.
A high-level overview to assist boards of directors to better understand social media, its influence, and the various ways in which it plays into the board’s mandate.
Highlights the environmental and social issues directors need to consider, providing an understanding of the potential business implications of these issues and offers questions that directors might ask in discharging their oversight responsibilities.
Helps members of not-for-profit boards of directors understand their responsibility for the oversight of risk.
- IFAC Study Shows Accountancy Strongly Linked to Prosperity, Improved Living Standards
November 12, 2015 - IFAC
- Everything the Finance Exec Needs to Know about Cyber Security
October 8, 2015 - CFO.com
- Homeland Security Websites Vulnerable to Cyber Attack: Audit
September 18, 2015 - Reuters
- ICAI Issues Guidance Note for Internal Financial Controls
September 16, 2015 - Economic Times
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