In The News

Diverse and inclusive accountancy firms attract staff more easily, who also stay on longer. In addition, offices with diverse teams are 45 percent more likely to increase their market share. But for many offices, it doesn't go far enough. This is apparent from research by IMA (Institute of...

The accounting profession is undergoing a reexamination of its efforts to address the lack of diversity, not only in the U.S. but in other parts of the world.

Last month, the Institute of Management Accountants, the California Society of CPAs and the International Federation of Accountants released a...

Audit fees in Canada hit a seven-year high in 2020 despite pandemic lockdowns and business restrictions, according to a new study from the International Federation of Accountants. 

Audit fees in the U.S. appear to be climbing at a faster pace in recent years than in Canada and Europe, according to a new survey from the International Federation of Accountants.

The International Federation of Accountants has launched new resources for ISA 540 implementation.

A string of high-profile corporate failures and frauds in Asia has called into question the role of the auditors and prompted calls for the profession to be reformed. This falls in line with a global trend of audit reform and a need to adapt to the changing requirements of corporates.

Global challenges — from the pandemic to climate change — have underscored the importance of creating a more sustainable world. As governments seek to address environmental and social issues, however, they face a crisis of trust. And that lack of trust threatens the key resource at any government’s...

The International Federation of Accountants teamed up with the Institute of Chartered Accountants in England and Wales on the latest installment of an educational series aimed at combating money laundering, and launched a new site dedicated to helping government entities adopt accrual accounting in...

IFAC has launched an online resource to the international standards developed by the International Audit and Assurance Board, the International Ethics Standards Board for Accountants and the International Public Sector Accounting Standards Board. Along with the standards are the references and...