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The International Federation of Accountants (IFAC) is the global organization for the accountancy profession. IFAC works to serve the public interest by strengthening the profession and contributing to the development of strong international economies. It is comprised of over 175 members and associates in more than 130 countries and jurisdictions, representing almost 3 million accountants in public practice, education, government service, industry, and commerce.
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Citation Level
1977
English, etc
Website Key Features
Global Representation
Represents over 175 member organizations in more than 130 countries and jurisdictions.
Public Interest
Dedicated to serving the public interest by strengthening the accountancy profession.
Standards Development
Develops and promotes international standards for auditing, ethics, education, and public sector financial reporting.
Professional Development
Offers resources and guidance for professional development in the accountancy profession.
Advocacy
Advocates for the accountancy profession on key issues affecting the global economy.
Knowledge Sharing
Facilitates the sharing of knowledge and best practices among its members and the wider accountancy profession.
Research
Conducts and publishes research on issues relevant to the accountancy profession and public interest.
Networking
Provides opportunities for networking among professionals in the accountancy field globally.
Education Resources
Offers a wide range of educational resources for accountants at all stages of their careers.
Global Events
Organizes and participates in global events to discuss and address key issues in the accountancy profession.
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Additional information
Headquarters
New York, United States
Membership
Over 175 member organizations representing almost 3 million accountants worldwide.
Key People
Kevin Dancey (CEO), Rachel Grimes (President)
Mission
To serve the public interest by strengthening the profession and contributing to the development of strong international economies.
Vision
A world where the accountancy profession is recognized as a valued leader in the development of strong and sustainable organizations, financial markets, and economies.
Strategic Goals
1. Strengthen the global accountancy profession. 2. Contribute to the development of high-quality international standards. 3. Build the capacity of the profession. 4. Speak out as the voice of the global accountancy profession.
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