tailieunhanh - Building strong and sustainable organizations, financial markets, and economies

The International Federation of Accountants (IFAC) is the global organization for the accountancy profession. It is dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC has 167 members and associates in 127 countries around the world, representing approximately million accountants in public practice, education, government service, industry, and commerce. WHAT IFAC DOES IFAC provides the structures and processes that support the development, adoption, and implementation of highquality international standards. The standards IFAC supports—in the areas of auditing, assurance, and quality control; public sector accounting; accounting education; and ethics—are an important part of the global financial infrastructure and. | THE INTERNATIONAL FEDERATION OF ACCOUNTANTS IFAC Building strong and sustainable organizations financial markets and economies International Federation of Accountants WHAT IS IFAC The International Federation of Accountants IFAC is the global organization for the accountancy profession. It is dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC has 167 members and associates in 127 countries around the world representing approximately million accountants in public practice education government service industry and commerce. WHAT IFAC DOES IFAC provides the structures and processes that support the development adoption and implementation of high-quality international standards. The standards IFAC supports in the areas of auditing assurance and quality control public sector accounting accounting education and ethics are an important part of the global financial infrastructure and contribute to economic stability around the world. In addition working closely with its member bodies IFAC provides tools and guidance to support professional accountants in business and small and medium practices. IFAC supports the development of the accountancy profession in emerging economies and speaks out on public interest issues where the profession s voice is most relevant. Through all of these activities IFAC promotes its values of integrity transparency and expertise. THE IMPORTANCE OF INTERNATIONAL STANDARDS High-quality international standards enable investors and others to compare enterprises in a transparent way and therefore make more informed investing decisions while also increasing investor confidence. This in turn strengthens global markets and trade by Promoting more efficient markets Reducing economic uncertainty Enhancing international financial stability Strengthening economic growth and development in emerging economies Increasing Foreign Direct Investment FDI Promoting