IFAC FOCUS AREAS
- Accountability. Now.
- Adoption of International Standards
- 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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The International Public Sector Accounting Standards Board® (IPSASB®) works to improve public sector financial reporting worldwide through the development of IPSAS®, international accrual-based accounting standards, for use by governments and other public sector entities around the world.
The year 2017 marks the 20th anniversary of the IPSASB's standard-setting program.
IPSASB 20th Anniversary Video
The IPSAS Standards Program is 20 years old. A range of opinion leaders from international organizations, national standard setters, the accountancy profession and members bodies highlight the benefits of IPSAS and accrual accounting more generally and how IPSAS has made a positive difference to citizens.
Transparency and Beyond Interview Series
During the recent international seminar, Transparency and Beyond: Harnessing the Power of Accrual in Managing Public Finances, Public Finance International conducted a series of interviews with high-level experts on public sector finance and the adoption and implementation of International Public Sector Accounting Standards.