
The International Federation of Accountants
The International Federation of Accountants (IFAC) is a global organization that supports the accounting profession by establishing high standards for ethics, auditing, and financial reporting. It provides guidance and frameworks to ensure accountants worldwide operate with integrity, competence, and transparency. IFAC works with national accounting bodies and regulators to promote best practices, enhance public trust in financial information, and facilitate globalization of the profession. Its efforts help ensure that businesses and organizations present accurate financial information, which is essential for investors, governments, and the economy.