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 12, 2016
The COSO Exposure Draft on enterprise risk management does not yet live up to its intentions—but could with some changes.
There are 554 articles
Accountability Matters: The Importance of a Rights-based Approach in Public Financial ManagementPublic sector leaders must be held accountable, otherwise protests like the ones seen in Greece will be repeated.
by Marcel Holder Robinson, Finance Policy Manager (Governments), Chartered Institute of Public Finance and Accountancy | June 18, 2017
When Corruption Becomes a Way of Life, and What to Do about ItTo promote integrity and defeat corruption, all of society needs to work together.
by Vickson Ncube, Chief Executive Officer, Pan African Federation of Accountants | June 15, 2017
The Status of Public Sector Financial Reporting and Professional Accountancy Organizations Membership in Francophone AfricaThis article examines the status of public sector financial reporting in 18 Francophone African countries, as well as the level of membership in African Francophone Professional Accountancy Organizations.
by Alain Burlaud, Professor Emeritus, Conservatoire national des arts et métiers, Paris, France and commissioned by the International Federation of Accountants and the World Bank | June 15, 2017
Extending Environmental Cost Accounting to the Supply ChainRecent changes from the International Organization for Standardization to extend material flow cost accounting (MFCA) to include supply chain management is a welcome step and a further development since IFAC published International Guidance...
by Dr Katherine Christ, University of South Australia and Professor Roger Burritt, The Australian National University | June 9, 2017
A Call to Action: Walk the Talk on Integrated ReportingIFAC recently issued a policy position on integrated reporting highlighting the need for a single report providing a fuller picture of an organization’s ability to create value over time, and greater interconnectedness between different reports.
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | June 6, 2017
News and Resources
There are 9556 news/resources
Why CPAs Need to Get a Grip on Blockchain
Journal of Accountancy - June 20, 2017
Furious Rush of Digital Disruption Creates Opportunities for CPAs to Help Clients
Journal of Accountancy - June 20, 2017
What Is Professional Judgment and How to Handle It
A+ Magazine - June 19, 2017
The Stages of PFM Reform in Fragile States
Public Financial Management Blog - June 19, 2017
Upcoming Webinar: How to Thrive in the Age of Disruptive Technology
IBM, ICAEW - June 19, 2017
This Isn't Just Any Sustainability Plan, This Is an M&S Plan
ICAS - June 18, 2017
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