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IFAC FOCUS AREAS
- Accountability. Now.
- Developing the Global Profession
- Global Representation and Advocacy
- Professional Accountants in Business
- Small and Medium Practices
Independent Standard-Setting Boards
The International Auditing and Assurance Standards Board sets high-quality international standards for auditing, assurance, and quality control that strengthen public confidence in the global profession.
The International Accounting Education Standards Board establishes standards, in the area of professional accounting education, that prescribe technical competence and professional skills, values, ethics, and attitudes.
The International Ethics Standards Board for Accountants sets high-quality, internationally appropriate ethics standards for professional accountants, including auditor independence requirements.
The International Public Sector Accounting Standards Board develops standards, guidance, and resources for use by public sector entities around the world for preparation of general purpose financial statements.
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Audit & Assurance
Accounting firms offer a wide range of professional services to their clients, including audit, review, other assurance, and related services. These services are regulated, with many jurisdictions requiring compliance with international standards or national requirements that have been based on international ones. High-quality international standards increase the comparability, consistency, clarity, credibility, and transparency of financial information. And, high-quality financial information, in turn, increases the stability of the global financial infrastructure. Read More
Financial Restatements 2014–A Fourteen Year Comparison
April 22, 2015 - AlacraStore.com
FEE Calls for Implementation of Pan-EU Audit Standards
April 21, 2015 - Public Finance International
FEE Makes Accountants Aware of Providing Horizon 2020 Certification Services
April 20, 2015 - Fédération des Experts-comptables Européens – Federation of European Accountants
EU Audit Reform Prompts Mazars-Roever Merger
April 20, 2015 - Fast FT
EY Sees Barriers to Use of Big Data for Audits
April 17, 2015 - CFO.com
CAQ and AAA Provide Auditors for Research Projects
April 16, 2015 - Accounting Today
What Auditors Ought to Let US Investors Know
April 15, 2015 - Fortune
ICAS and CIPFA Launch Landmark Integrated Qualification in Audit
April 14, 2015 - ICAS
Report: Majority Adopt New COSO Framework
April 13, 2015 - Compliance Week
IAASB’s Revised Standard ISA 720 Enhances Auditor Focus on Annual Reports in Light of Increased Investor Focus on Qualitative Disclosures
April 9, 2015 - International Auditing and Assurance Standards Board
- 2014 Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements
October 8, 2014 - IAASB
- Guide to Using International Standards on Auditing in the Audits of Small- and Medium-Sized Entities, Third Edition
November 9, 2011 - IFAC
- Guide to Quality Control for Small- and Medium-Sized Practices, Third Edition
July 31, 2011 - IFAC