PART 1 This Part consist of:  Paper 1-: Principles of TaxationPaper 2-: Principles of LawPaper 3-: Economics PART 2 This Part consist of: Paper 4 -: AccountingPaper 5 -: Business and Personal TaxationPaper 6 -: Taxation of Goods and Services.Continue Reading

Background At present, 130 jurisdictions use, or are committed to using, the International Standards on Auditing (ISAs), demonstrating their increasing importance in the global community. This widespread and continually growing international use underscores the importance of the International Auditing and Assurance Standards Board (IAASB) continuing to focus its efforts on maintaining the quality and scalability...Continue Reading

To assist professional accountancy organizations (PAOs) and other key stakeholders to prepare future-ready professional accountants, IFAC is establishing a comprehensive, integrated approach to respond to accountancy education challenges and opportunities posed by a rapidly changing environment. Accountancy education is a strategic priority for IFAC. Consequently, it is important that the future approach is designed to...Continue Reading

Nearly half of over 6,000+ small- and medium-sized practices (SMPs) from over 150 countries that responded to the 2018 IFAC Global SMP Survey identified pressure to lower fees as their top significant challenge. The IFAC Guide to Practice Management for Small- and Medium-Sized Practices provides comprehensive guidance to SMPs, including detailed material covering firm planning, how to grow, client...Continue Reading

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 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...Continue Reading