confidence in financial statements. When organizations apply IFRS consistently, stakeholders can better understand performance, risk, and financial position across sectors and jurisdictions. For professionals, IFRS is not only a technical requirement. It is a foundation for credibility, audit readiness, and
Audit quality is essential for confidence in financial statements and for protecting the public interest. High-quality audits depend on independence, professional judgment, ethical conduct, and consistent application of International Standards on Auditing (ISA). A strong audit approach improves transparency, supports
IFAC supports the global accounting profession by promoting high-quality standards, ethical conduct, and strong professional practices. Its work helps align national bodies with international expectations and strengthens public trust in financial reporting. Following IFAC developments helps professionals stay informed about
