Summaries of the International Federation of Accountants^® (IFAC)’s eight Policy Position Papers (PPPs) are now available in Spanish. The papers cover a variety of topics including standard setting in the public interest, regulation and global regulatory convergence, effective governance, risk management and internal control, and enhancing organizational reporting. These publications include:

• Resumen - Posición de Política de la IFAC No 1 - Regulación de la Profesión Contable (Summary of PPP1 - Regulation of the Accountancy Profession)
• Resumen - Posición de Política de la IFAC No 2 –  Apoyo de la Ifac a un Conjunto Unico de Normas de Auditoría: Auditorías de Entidades Pequeñas y Medianas (Summary of PPP2 - A Single Set of Auditing Standards: Audits of Small- and Medium-Sized Entities)
• Resumen - Posición de Política de la IFAC No 3 - Establecimiento de Normas Internacionales en el Interés Público (Summary of PPP3 - International Standard Setting in the Public Interest
• Resumen - Posición de Política de la IFAC No 4 –  Transparencia y Rendición de Cuentas en la Gestión Financiera del Sector Público: el Uso de las Normas Internacionales de Contabilidad Para el Sector Público (Summary of PPP4 - Public Sector Financial Management Transparency and Accountability: The Use of International Public Sector Accounting Standards)
• Resumen - Posición de Política de la IFAC No 5 –  Una Definición del Interés Público (Summary of PPP5 - A Definition of the Public Interest)
• Resumen - Posición de Política de la IFAC No 6 –  Convergencia Regulatoria Global y la Profesión Contable (Summary of PPP6 - Global Regulatory Convergence and the Accountancy Profession)
• Resumen - Posición de Política de la IFAC No 7 –  Gobierno de la Entidad Eficaz, Gestión de Riesgos y Control Interno (Summary of PPP7 - Effective Governance, Risk Management, and Internal Control)
• Resumen - Posición de Política de la IFAC No 8 –  Cómo Mejorar los Informes Organizacionales (Summary of PPP 8 - Enhancing Organizational Reporting)

The full-length English language versions of the eight policy position papers are available under the Publications and Resources section of the IFAC website.

These Spanish translations were performed by the Federación Argentina de Consejos Profesionales de Ciencias Económicas (FACPCE), and are a result of the Ibero-American cooperation framework, known as the IberAm project.  Established in 2012, the IberAm project—which includes IFAC and its member organizations in Argentina, Mexico, and Spain—is an IFAC-authorized translation and review process that strives to achieve longer-term, sustainable processes for single, high-quality Spanish translations of international standards and other IFAC publications. The Interamerican Accounting Association, IFAC’s regional organization for Latin America and the Caribbean, is an observer to the project. In addition, the project involves a Review Committee of technical experts representing IFAC member organizations in nine Spanish-speaking countries.

For an overview of translations of IFAC’s publications, please visit the IFAC Translations Database.

The Institute of Chartered Accountants of Jamaica (ICAJ), with support from the International Federation of Accountants (IFAC), will hold a regional SMP Forum on May 3 to bring practitioners from small- and medium-sized accountancy practices (SMPs) together for a day-long seminar to focus on audit quality and how practitioners can build a successful practice.

When/Where? The event will be held May 3, 2016, at the Jamaica Pegasus Hotel in Kingston, Jamaica.

What? An international and regional line-up of subject matter experts will steer the forum and share important insights on pertinent areas of audit quality and practice management.

The line-up of speakers includes:

• Bruce Scott, President, Institute of Chartered Accountants of Jamaica
• Paul Thompson, Director, IFAC Global Accountancy Profession Support
• Monica Foerster, Deputy Chair, IFAC SMP Committee
• George Willie, Member, IFAC SMP Committee

Who Should Attend? The forum is open to accounting practitioners, as well as other professionals, who work directly or indirectly with SMP/SME affairs. 

Why? The event will examine the structure of the ISA™ pronouncements and how they can be applied proportionately. Additionally, the forum will include a session on building a successful practice, including evolving to be future ready and building capacity to offer to advisory services. Both sessions will include an overview of relevant guidance, including the IFAC Guide to Practice Management.

See the ICAJ Forum page for more information as the event date approaches.