The International Ethics Standards Board for Accountants (IESBA) presents the board’s strategy and priorities toward the setting of high-quality, future-ready ethics standards for professional accountants that are widely adopted around the world.  Building on the newly revised and restructured International Code of Ethics for Professional Accountants (including International Independence Standards) (the Code), which will come into effect in June 2019, the IESBA’s Strategy features three inter-related strategic themes:

The IAASB Work Plan is guided by the three underlying strategic objectives, as set out in the Strategy for 2015‒2019:

Every year, IFAC develops a work plan for the Member Body Compliance Program that is consistent with IFAC’s strategy. This work plan is developed with advice and oversight from the Compliance Advisory Panel.

In keeping with IFAC’s planned Program review during 2019 to ensure a fit-for-purpose approach to quality membership, the Compliance strategy for 2016-2018 was extended through 2019. Therefore, the Program continues its focus in three core areas.

IFAC's Financial Statements are prepared in accordance with International Public Sector Accounting Standards^® (IPSAS^®) and include an independent auditor’s report.

Consistent with IFAC’s Strategy implementation approach, the Quality & Development (Q&D) staff, with the advice and oversight of the Compliance Advisory Panel (CAP), prepare annual work programs to implement the IFAC Member Compliance Program Strategy: 2016–2018.

In 2018, the staff of the IFAC Member Compliance Program, in addition to its core activities, will focus on: 

The IAASB’s Emerging forms of External Reporting (EER) Task Force  developed a Feedback Statement to highlight the responses received on the August 2016 Discussion Paper, Supporting Credibility and Trust in Emerging Forms of External Reporting: Ten Key Challenges for Assurance Engagements. This Feedback Statement provides an overview of the key messages from the responses to the questions in the Discussion Paper.

IFAC's Financial Statements are prepared in accordance with International Public Sector Accounting Standards^® (IPSAS^®) and include an independent auditor’s report.

Accounting education standards development is the centerpiece of the IAESB five-year strategy that also includes implementation support, a post-implementation review of existing standards, and strategic engagement and communication with the board’s stakeholders. The primary goal is to ensure that the accounting profession has the necessary skills to meet the ever-changing demands of business and the public sector, and thereby increase public confidence.

The IAASB Work Plan is guided by the three underlying strategic objectives set in the five-year Strategy:

The IFAC Member Compliance Program serves the public interest by promoting the adoption and supporting the implementation of international standards on private and public sector accounting, auditing, ethics, and education, as well as related quality assurance and enforcement mechanisms establishment.