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International Federation of Accountants

The International Federation of Accountants (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.

Discussion
accountingfinancial-servicesnonprofit

Company facts

Founded
1977
Headquarters
United States
CEO
Lee White

About

At the heart of the International Federation of Accountants (IFAC) is a deeply ingrained culture of public interest and a mission to strengthen the global accountancy profession. Founded in 1977, IFAC has cultivated a collaborative environment that unites accountancy professionals from all corners of the world. The organization's ethos is built on the foundational belief that strong and sustainable economies are supported by a robust and ethical accountancy profession. This belief drives every initiative, from developing high-quality international standards to speaking out as the definitive voice for accountants globally. The culture at IFAC is one of forward-thinking and adaptation, constantly preparing for a future-ready profession capable of navigating the complexities of an ever-evolving economic landscape. This involves a significant emphasis on learning, innovation, and the collective power of its diverse membership. IFAC's team, though relatively small for its vast global influence, is composed of dedicated and skilled professionals who are passionate about their work. They collaborate with a vast network of volunteers from member organizations, who generously dedicate their time and expertise to advance the organization's strategic objectives. This synergy between a core team and a global community of volunteers fosters a unique and dynamic work environment. The organization champions integrity, transparency, and accountability, not just for the profession it represents, but within its own operational framework. By connecting and uniting its members, IFAC ensures that the accountancy profession is truly global, allowing for the sharing of best practices and the promotion of high standards in auditing, assurance, ethics, and public sector accounting. This commitment to global collaboration and the public good is the cornerstone of IFAC's identity and the driving force behind its enduring impact on the world stage.

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