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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
The Institute of Internal Auditors has released a new practice guide that shows how internal audit can provide significant assistance in business continuity management.
PwC have released their Global Economic Crime Survey. The firm surveyed 5,128 respondents from 99 countries and found those reporting economic crimes represented a 3% increase in 2011, when it conducted its previous survey.
A Risk Challenge Culture identifies nine areas critical to designing and implementing an environment that encourages, requires and rewards enquiries that challenge existing conditions.
This web page offers resources and information on digital security for small businesses.
The Business Anti-Corruption Portal (Portal) provides a comprehensive and practical business tool, and offers targeted support to SMEs in order to help them avoid and fight corruption, thereby creating a better business environment.
The purpose of this paper is to highlight the implications of the UK Bribery Act 2010 (the Act) when working outside the UK and to offer practical steps to mitigate the risk of falling foul of the Act.
You can minimize your business's risk of data breach by taking these 10 essential steps.
- Materiality Matters: Why Don't Companies Have to Disclose Sustainability Risk?
April 28, 2015 - Green Biz
- US: “Pervasive” Pressure Challenges Internal Audit’s Objectivity
March 18, 2015 - Journal of Accountancy
- New Internal Control Standards Deadline Passes Unmarked, for Some
March 3, 2015 - Wall Street Journal CFO Journal
- Nearly One in Three a Financial Fraud Victim: CPA Canada Survey
February 27, 2015 - CPA Canada
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