International Federation of Accountants
From Wikipedia, the free encyclopedia
The International Federation of Accountants (IFAC) is the worldwide organization for the accountancy profession. Founded in 1977, the organization is comprised of 155 members and associates in 118 countries, 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, sets international standards on ethics, auditing and assurance, education, and public sector accounting. It also issues guidance to encourage high-quality performance by professional accountants in business.
IFAC recently collaborated with its member organizations to develop IFACnet - A KnowledgeNet for Professional Accountants which was launched on October 2, 2006. IFACnet provides one-stop access to leading-edge articles, good practice guidance, and tools and techniques for accountants employed in commerce, industry, the public sector, education, and the not-for-profit sector.
