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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
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This list tools used by management accountants and outline how they can benefit the majority of organizations, regardless of size or sector.
This report summarises findings from recent surveys of over 1,300 executives in organisations, with a focus on small to mid size enterprises (SMEs), around the world. It provides insights on the current state of enterprise-wide risk oversight, including identified similarities and differences in various regions.
Organisations of all types face a seemingly ever increasing array of risks that may affect their strategic success.
Summarises findings from surveys of over 1,300 executives in organisations around the world and provides insights on the current state of enterprise-wide risk oversight, including identified similarities and differences in various regions.
Summarises findings from recent surveys of over 1,300 executives in organisations and provides insights on the current state of enterprise-wide risk oversight.
This toolkit uses the COSO Framework to provide guidance for audit committees to achieve effective internal control over financial reporting.
This comprehensive range of tools, reports, and best practices in risk and innovation provides finance professionals with guidance on meeting the balance between risk management and innovation.
- Companies not Doing Enough to Protect themselves from Fraud, According to EY Report
April 19, 2016 - Economia
- Hong Kong: Demand for Accountancy and Risk Management Professionals on the Rise
April 18, 2016 - Staffing Industry Analysts
- Four Cybersecurity Pitfalls to Avoid
April 1, 2016 - AICPA Insights
- Mergers Lead to Intercompany Accounting Risks
March 21, 2016 - Accounting Today
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