This article examines the business case for small- and medium-sized practices (SMPs) to develop a business advisory practice and offers tips for getting started.
This International Good Practice Guidance is designed to help professional accountants in business use predictive business analytics to identify new opportunities for growth and improvement in their organizations, as well as to highlight areas for corrective actions and strategy adaptations. Predictive business analytics can help any organization select the appropriate actions and best decisions to improve performance and achieve sustainable organizational success.
This Preface sets out the scope, purpose, and due process of International Good Practice Guidance (IGPG) published by IFAC’s Professional Accountants in Business Committee. IGPG, which starts by clearly identifying principles, (a) is generally accepted internationally, and (b) applies to organizations of all sizes in commerce, industry, the public sector, education, and the not-for-profit sector.
This article features seven practice management tips for SMPs and highlights a number of relevant resources that are available to download for free from the IFAC website.
This article, prepared by SMP Committee staff, summarizes key elements of the International Standard on Quality Control (ISQC) 1 and features five tips to help SMPs apply the standard in a cost-effective manner.
A Questions and Answers (Q&A) publication intended to assist professional accountancy organizations and others as they adopt and implement the Code of Ethics for Professional Accountants issued in July 2009.
This document, from October 2008, provides a progress update on the Clarity project to help those with responsibilities relating to audits of financial statements set in motion plans to ensure that audits are effectively carried out under the clarified ISAs when the standards come into effect.