The International Federation of Accountants (IFAC) is the global organization for the accountancy profession. It is dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC has 167 members and associates in 127 countries around the world, representing approximately million accountants in public practice, education, government service, industry, and commerce. WHAT IFAC DOES IFAC provides the structures and processes that support the development, adoption, and implementation of highquality international standards. The standards IFAC supports—in the areas of auditing, assurance, and quality control; public sector accounting; accounting education; and ethics—are an important part of the global financial infrastructure and.
