Partner at Confidor, Chair of IFAC's SMP Advisory Group

Monica Foerster became Chair of the IFAC SMP Advisory Group (SMPAG) in 2017, after serving as its Deputy Chair. A SMPAG member since 2014, she was nominated by Conselho Federal de Contabilidade (CFC) and Instituto dos Auditores Independentes do Brasil (IBRACON). With 20 years of experience in the accountancy profession, Ms. Foerster is a partner at Confidor, an accounting, tax, and law firm with offices in Porto Alegre and São Paulo, Brazil.

Monica is currently a member of the Board of Directors of Ibracon Brazil (where she was the SMP Director and coordinator of the SMP Working Group for 6 years), and a board member at the Accounting Council (where she was also the coordinator of the Committee of Audit Studies (CRCRS) for 4 years. 

Monica holds an MBA in financial management, controllership and audit from the FGV – Fundação Getúlio Vargas, Brazil, and a degree in accounting from the Universidade Federal do Rio Grande do Sul – UFRGS, Brazil. 

Developed in conjunction with CPA Canada, this guide aims to help professional accountants in practice, especially those operating in small- and medium-sized practices (SMPs), in conducting review engagements in compliance with International Standard on Review Engagements (ISRE) 2400 (Revised), Engagements to Review Historical Financial Statements. 

This guidance was written for all organizations, regardless of their size or structure, private or public, to support the accountancy profession’s facilitation of sustainable organizations, financial markets, and economies by providing guiding principles to manage the complexities of performing a robust project and investment appraisal. Greater rigor in the appraisal and decision process can be achieved by using the principles as a benchmark against which to assess an organization’s current practice.

A strong and well-governed professional accountancy organization (PAO) produces and sustains a strong accountancy profession that is able to serve the public interest and contribute to economic stability and growth. A successful PAO gains much of its strength from the sense of identity, benefits, and rights that members derive from membership; and from the contributions that individual members and firms make to the PAO in recognition of its public interest perspective.

This third edition of the guide features enhancements to the two sample manuals, as well as other refinements for clarity and consistency with International Standard on Quality Control (ISQC) 1. The guide contains the requirements set out in ISQC 1 in addition to implementation guidance, including discussion material and an integrated case study that can be used as the basis for education and training.

Carbon is on the books. Nature is not - yet. The nexus of climate change and nature loss is an emerging financial risk that could shape the cost of capital, asset values and business resilience for decades. While carbon accounting is increasingly embedded in corporate reporting, nature-related risks and opportunities remain less understood, leaving potential exposures unpriced and unmanaged. 

Rob Comerford became Technical Advisor to the IPAE in September 2026, nominated by Deloitte.

Mr. Comerford is Deloitte's Global Audit & Assurance Chief Learning Officer and also leads the Knowledge & Learning
Pillar of Deloitte's Digital Change organization. In these roles, he is driving the multi-year transformation of how Deloitte
creates, manages, and delivers intellectual resources. Mr. Comerford led the 2025 global deployment of Research
Assistant, an integrated generative AI research capability, and the 2026 expansion of Research Assistant to include
TutorMe, an AI-generated tutoring capability embedded directly in practitioners' workflow. Prior roles at Deloitte include
Senior Communications Partner, Senior Consultation Partner for consolidation accounting, and Consultation Partner for
financial instrument transactions. Earlier in his career, Mr. Comerford served as a Professional Accounting Fellow at the
U.S. Securities and Exchange Commission and an Associate in the Financial Controller's Division at J.P. Morgan.

Mr. Comerford previously served as a member of the Wagner College Board of Trustees.

Mr. Comerford earned a Master of Business Administration from the NYU Stern School of Business and a Bachelor of
Science in Accounting from Wagner College. He is a Certified Public Accountant licensed in the states of New York and
Connecticut, and a member of the American Institute of Certified Public Accountants (AICPA) and the New York State
Society of Certified Public Accountants.