The International Federation of Accountants (IFAC) in Toronto, ON is a global organization dedicated to setting international standards for the accounting profession. Through its Standard-Setting Boards, including the IAASB, IESBA, and IPSASB, IFAC works to ensure consistency and quality in financial reporting worldwide.
With a focus on promoting transparency and accountability, IFAC collaborates with key stakeholders and industry experts to develop and implement standards that drive excellence in accounting practices. Led by experienced professionals like Ian Carruthers and Ross Smith, IFAC plays a crucial role in shaping the future of the accounting profession.
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