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||
The importance of sustainability and corporate responsibility continue to gain recognition; indeed, organizations that embrace sustainability can enhance their reputation with stakeholders and their value. The intersection of business and sustainability has three key dimensions: economic viability, social well-being, and environmental responsibility. Accountants work in this area to help embed sustainability factors into an organization’s strategy and decision-making processes to achieve sustainable value creation. See the full overview.
by Rodney Irwin, Managing Director of Redefining Value and Education, World Business Council for Sustainable Development | May 4, 2018
Companies who understand and manage their risks fair better in the global economy and at home—in many cases, they attract better employees and better investments, which often translate into growth and sustained success.
There are 850 articles
5 Key Factors to Enhance Audit Committee EffectivenessIt is important to recognize that there is no one-size-fits-all model for audit committees and therefore enhancing their effectiveness will be more dependent on adoption of good practices rather than further prescriptive legislation or additional...
by Laura Leka , Technical Manager, Global Accountancy Profession Support, IFAC and Laurie Tugman, IFAC PAIB Committee Member | September 9, 2019
CPA Canada: Reimagining Accountancy’s FutureTo prepare for tomorrow, CPA Canada challenged the status quo and considered how the drivers of change—economic, environmental, technological, geopolitical and societal shifts—will impact the future of the accounting profession.
by Tashia Batstone, Senior Vice President for External Relations and Business Development, CPA Canada | September 9, 2019
Firm Business Continuity Planning and Risk Mitigation StrategiesThe importance of establishing a business continuity plan and risk mitigation strategies to prepare in case of death, loss or injury of a partner.
by Christopher Arnold, Head of SME/SMP and Research, IFAC and Monica Foerster, Chair, IFAC SMP Committee | September 3, 2019
The Role of the Global Accountancy Profession in Addressing 21st Century Public Sector ChallengesThe public sector is facing a multitude of challenges globally, from budgetary pressures and revenue limitations to intense scrutiny of public finances, all at the same time as rapidly increasing demand for high-quality public services.
by Thomas Müller-Marqués Berger, IPSASB CAG Chair | September 3, 2019
Risk Management Helps Leaders Master UncertaintyTo help accountants and others lead and be proactively involved in ERM, it is important to understand the concepts and processes in risk management standards that can be put into place to deal with context risk.
by Robert B. Pojasek, Ph.D., Senior Strategist, Strategic Impact Partners | September 3, 2019
News and Resources
There are 8749 news/resources
ICAEW Tech Talks on Key Tech Trends
ICAEW - September 6, 2019
Three Ways to Empower the Women at Your Firm
CPA Practice Advisor - September 6, 2019
Digital Competency Maturity Model
European Federation of Accountants and Auditors for SMEs - September 4, 2019
How Good Are You at Receiving Feedback?
September 3, 2019
Preparing for the Leases Accounting Standard: A Tool for Audit Committees
Center for Audit Quality - September 3, 2019
August 2019 IFRS for SMEs Update
IFRS Foundation - September 3, 2019
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