IFAC Technology Matrix | IFAC

The IFAC Technology Matrix is a quick guide to help stakeholders understand and access the breadth of technology resources available from IFAC, as well as the International Auditing and Assurance Standards Board (IAASB), the International Ethics Standards Board for Accountants (IESBA) and the International Public Sector Accounting Standards Board (IPSASB). Where possible, IFAC resources are categorized using technology ABCs:

A	B	C	D	E	Other Tech Content
Artificial Intelligence	Blockchain	Cyber-security	Data & Governance	Ethics	Content not falling within A, B, C, D or E

The Matrix will be updated periodically throughout the year; all IFAC technology-related materials are also available using the Technology content tag.

Standard-Setting Boards

INTERNATIONAL AUDITING AND ASSURANCE STANDARDS BOARD (IAASB)
The IAASB’s technology focus area webpage contains several resources related to the Board’s current technology work. This is inclusive of:
- The IAASB Technology Position
- The Eight Guiding Actions of the IAASB Technology Position Statement
- Non-Authoritative Guidance
- Digital Technology Market Scans
Additionally, the Technology Consultation Group Project Page includes Board papers, Board minutes, and SAC papers related to this work.
INTERNATIONAL ETHICS STANDARDS BOARD FOR ACCOUNTANTS (IESBA)
Webpage
- IESBA Technology Initiative Page
Standards and Pronouncements
- Technology-related Revisions to the Code (April 2023)
- Proposed technology-related revisions to the Code (February 2022)
Non-Authoritative Guidance
Videos
- Case Study in Ethical Use of AI Today (June 2023)
INTERNATIONAL PUBLIC SECTOR ACCOUNTING STANDARDS BOARD (IPSASB)
- The IPSASB is monitoring stakeholder input for where 'technology' support may be useful. Currently, no dedicated ongoing/identified initiatives have been raised by stakeholders. Monitoring continues.
- The IPSASB is also monitoring potential developments on intangible assets (which could include software and other technology-related assets) at the International Accounting Standards Board (IASB). The IASB commenced its project to comprehensively review the accounting requirements for intangible assets at its April 2024 meeting and is currently considering the project’s scope and how to stage the work on this project. At its meeting in late October 2024, the IASB will review the initial feedback on the project objective, scope, and approach.
- The IPSASB’s Academic Advisory Group issued a call for papers for their 2025 Research Forum. Matters regarding technology-related intangible assets are typically addressed in IPSAS 31, Intangible Assets, which is an area of interest in the IPSASB’s call for papers. Three abstracts on IPSAS 31 has been received, all focused on general core concepts in the Standard, with some highlighting the accounting of technological matters such as AI and an area of research.

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