International Federation of Accountants
From Wikipedia, the free encyclopedia
 |
The external links in this article may not follow Wikipedia's content policies or guidelines. Please improve this article by removing excessive or inappropriate external links. |
The International Federation of Accountants (IFAC) is the global organization for the accountancy profession. IFAC has 157 member bodies and associates in 123 countries and jurisdictions, representing more than 2.5 million accountants employed in public practice, industry and commerce, government, and academe. The organization, through its independent standard-setting boards, establishes international standards on ethics(but doesn't ensure that members enforce their code of ethics thereby rendering it useless),auditing and assurance, education, and public sector accounting. It also issues guidance to encourage high quality performance by professional accountants in business. Founded in 1977, IFAC celebrated its 30th anniversary in 2007.
IFAC and its members recently collaborated to develop IFACnet - A KnowledgeNet for Professional Accountants, which was launched on October 2, 2006. IFACnet provides professional accountants worldwide with one-stop access to a wide range of resources, including good practice guidance, articles, and tools and techniques.
On August 1, 2007, IFAC launched a multilingual website that provides information about the organization and its activities in the six working languages of the United Nations, which are Arabic, Chinese, French, Russian, and Spanish, in addition to English, IFAC's official language.
