Accounting Technicians are part of the global accountancy profession, working across all sectors in financial management roles that are essential to a strong and sustainable accountancy profession, private and public sector organizations, and financial markets and economies. When Accounting Technicians, or ATs, are empowered with appropriate technical knowledge and practical skills—and valued by employers—they support the production of reliable financial and non-financial information that drives timely and informed decision making, and delivers transparency and accountability.

The State of Play in Sustainability Assurance benchmarking study captures and analyzes the extent to which companies are reporting and obtaining assurance over their sustainability disclosures, which assurance standards are being used, and which companies are providing the assurance service. The 2019-2021 Trends & Analysis report marks our third annual benchmarking study of global practice in sustainability disclosure and its assurance.

سيوجه هذا التقرير الجديد منظمات المحاسبة المهنية في كيفية التصرف اليوم لإعداد أعضائها الحاليين والمستقبليين لاغتنام الفرص التي تقدمها الاتجاهات الناشئة باستخدام رؤى من المجموعة الاستشارية لتطوير منظمة المحاسبة المهنية التابعة للاتحاد الدولي للمحاسبين (IFAC). تتناول هذه الرؤى أربعة اتجاهات ناشئة - التقارير المتعلقة بالاستدامة ، وجهود مكافحة الفساد ، والإدارة المالية العامة السليمة ، والتغيير التكنولوجي - والتي ستساعد منظمات المحاسبة المهنية على ضمان مرونة وأهمية وقدرة أعضائها على التكيف اليوم وفي المستقبل.

Este nuevo informe guiará a las organizaciones profesionales de contabilidad sobre cómo pueden actuar hoy para preparar a sus miembros actuales y futuros para aprovechar las oportunidades que presentan las tendencias emergentes utilizando los conocimientos del Grupo Asesor y de Desarrollo de Organizaciones Profesionales de Contabilidad de la IFAC.

The Fast Future With IFAC is a conversational podcast series about small- and medium-sized practicies (SMPs) adapting to the rapidly changing global economy.

Episode Six features a conversation with Hamish Mexted, Founder and Director of Convex Accounting.

We spoke to Hamish about his experience with a range of pressing topics for SMPs, including:

• Cybsercurity and cloud computing
• Communication and relationship-building with clients
• Attracting and retaining talent
• Innovation in the firm

Click below or visit IFAC's iTunes podcast channel to listen to this episode.

(Back to the Fast Future With IFAC homepage.)

The International Federation of Accountants (IFAC) today released a new resource, The Risk Identification and Assessment Process: Tips on Implementing ISA 315 (Revised 2019). The tool helps auditors implement the International Auditing and Assurance Standards Board’s (IAASB) International Standard on Auditing (ISA) 315 (Revised 2019), Identifying and Assessing the Risks of Material Misstatement, which is effective for audits of financial statements for periods beginning on or after December 15, 2021.

The implementation tool provides an overview of core concepts and explains new and previously existing requirements. It also includes examples and emphasizes the scalability of the standard with a focus on less complex entities. The tool does not replace the need to read ISA 315 (Revised 2019), including its application and other explanatory material.

The resource is based on Chartered Professional Accountants of Canada’s (CPA Canada) Implementation Tool for Auditors and follows the release earlier this year of IFAC’s Auditing Accounting Estimates: ISA 540 (Revised) Implementation Tool. These tools support efforts to improve audit quality globally and, more broadly, international standards’ adoption and implementation. Additional guidance and resources are available on the dedicated Supporting International Standards section of the IFAC Knowledge Gateway.

About IFAC
IFAC is the global organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC is comprised of 180 members and associates in 135 countries and jurisdictions, representing more than 3 million accountants in public practice, education, government service, industry, and commerce.

This implementation tool helps auditors implement the International Auditing and Assurance Standards Board’s International Standard on Auditing (ISA) 315 (Revised 2019), Identifying and Assessing the Risks of Material Misstatement, which is effective for audits of financial statements for periods beginning on or after December 15, 2021.

IFAC is pleased to respond to the IASB Request for Information (RFI) Comprehensive Review of the IFRS for SME standard.

One of IFAC’s key objectives is ‘Contributing to and promoting the development, adoption, and implementation of high-quality international standards’, which includes providing the global profession’s perspective. This response has been prepared following consultation across our broad constituent base.