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Unformatted text preview: d promoting adherence to high-quality professional standards, furthering the
international convergence of such standards, and speaking out on public interest issues where the
profession’s expertise is most relevant.
IFAC is comprised of 159 members and associates in 124 countries worldwide, representing
approximately 2.5 million accountants in public practice, industry and commerce, the public sector, and
education. No other accountancy body in the world and few other professional organizations have the
broad-based international support that characterizes IFAC.
IFAC’s governing bodies, staff and volunteers are committed to the values of integrity, transparency and
expertise. IFAC also seeks to reinforce professional accountants’ adherence to these values through the
Code of Ethics for Professional Accountants issued by the International Ethics Standards Board for
Visit the IFAC website at http://www.ifac.org for further information.
IFAC has long recognized that a fundamental way to protect the public interest is to develop, promote,
and enforce internationally recognized standards as a means of ensuring the credibility of information
upon which investors and other stakeholders depend.
The International Auditing and Assurance Standards Board (IAASB), the International Accounting
Education Standards Board (IAESB), the International Ethics Standards Board for Accountants (IESBA),
and the International Public Sector Accounting Standards Board (IPSASB) follow a rigorous due process
that supports the development of high-quality standards in the public interest in a transparent, efficient,
and effective manner. These independent standard-setting boards all have Consultative Advisory Groups,
which provide public interest perspectives, and include public members. These boards issue the following
• Code of Ethics for Professional Accountants
International Standards on Auditing, Review, Other Assurance, and Related
International Standard on Quality Control
International Education Standards
International Public Sector Accounting Standards The IAASB, IAESB, IESB...
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- Spring '14