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GAAP.RUNewsIFAC Global Survey Says International Standards Crucial to Investor and Financial Stability

IFAC Global Survey Says International Standards Crucial to Investor and Financial Stability

Publication date: 26 February 2010

Global accountancy leaders want the International Federation of Accountants to increase pressure for adoption, implementation, and enforcement of standards.

According to the survey by the International Federation of Accountants (IFAC), investors and all consumers of financial information deserve clear, reliable, and consistent financial information, the International Federation of Accountants (IFAC), which is why enforcement of international financial standards on auditing, assurance, education, ethics, and public sector accounting is crucial.