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.
|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. See the full overview.
by Vincent Tophoff, Senior Technical Manager, IFAC | October 30, 2017
The Committee of Sponsoring Organizations of the Treadway Commission (COSO)’s newly updated Enterprise Risk Management Framework takes important steps toward ensuring risk is managed as an integrated part of managing an organization.
There are 659 articles
Research Insights—Integrated Report Quality: Capital Market and Real EffectsHigher-quality information for internal and external stakeholders is associated with improved decision making; given that, how is integrated report quality related to firm value?
by Elmar R. Venter, Associate Professor of Accounting, University of Pretoria in South Africa, Li Chen, Senior Lecturer in Accounting, University of Auckland Business School, Mary E. Barth, Joan E. Horngren Professor of Accounting, Stanford University, Graduate School of Business and Steven Cahan, Professor of Financial Accounting, University of Auckland Business School | March 18, 2018
Revised ISO 31000 Risk Management Standard: Still a Good Reference but Not Substantially ImprovedEarlier this year, the International Organization for Standardization (ISO) issued the revised standard ISO 31000 - Risk management, which provides principles, framework and a process for managing risk in any organization regardless of its size,...
by Vincent Tophoff, Senior Technical Manager, IFAC | March 14, 2018
We Need Diversity, Inclusion—Now and in the FutureAt IFAC, International Women’s Day is not only today, it is every day—the accounting profession has been transformed by women; they have changed the way we lead, the way we manage resources, and the way we innovate.
by IFAC Gateway | March 8, 2018
News and Resources
There are 9856 news/resources
Vision for the Future of Integrated Reporting and the Role of CPAs: Building a Corporate Reporting Model to Support Sustainable Value Creation
JICPA - March 18, 2018
Spotlight on Integrated Reporting: Communicating Value Creation to Capital Markets
CPA Canada - March 18, 2018
How Blockchain Might Affect Audit and Assurance
Journal of Accountancy - March 18, 2018
Moving at the Speed of Innovation: 2018 State of the Internal Audit Profession Study
PwC - March 15, 2018
How Internal Audit Can Improve by Embracing Technology
Journal of Accountancy - March 15, 2018
Will Automation Weaken Accounting Skills?
In the Black - March 15, 2018
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