IFAC SMP Activities

We wanted to inform you that we will be deactivating this account. We are incredibly grateful for all the support and engagement over the years. For future updates & information, please follow us on @IFAC. Thank you for being part of our SMP community, stay connected!

Happy #MSMEDay! As trusted advisers to these businesses, small- & medium-sized practices (SMPs) have a huge role in shaping the transformation to a sustainable future. We’ve identified four key challenges & opportunities for SMEs & SMPs in a new article: bit.ly/4c613aq

Did you miss the IFAC, EFAA for SMEs - European Federation of Accountants and Auditors for SMEs, and Accountancy Europe webinar on our #ISAforLCE? Don’t worry—you can catch up here: bit.ly/3ymDj2Q Key takeaways, adoption journeys and links to the webinar recording.

🎉The @IFAC_SMP Advisory Group met globally, discussing small and medium practices (SMP) transformation. Thank you to our Advisory Group members for raising awareness and enhancing visibility of both SMPs & Small & Medium-sized Enterprises (SMEs). #IFAC #SMP #SME #Sustainability

#ICYMI: We’ve proposed a significant strengthening of our standard on auditors’ responsibilities related to #Fraud. Share Your Feedback by June 5, 2024: bit.ly/42tPwO9 #AuditStandards #Transparency #ReportingEcosystem

🎙️🌍 Explore our latest episode on The Fast Future With IFAC, a podcast series focused on small and medium practices. Dive into a captivating presentation on sustainability by Mark de Lat, an ESG opinion leader. 👉 Click to listen: bit.ly/IFACPodcastEp10

Mark your calendars! Join IFAC & the International Association for Accounting Education and Research (IAAER) on February 7th at 8AM ET for a webinar on IFAC’s recently published literature review for sustainability reporting & assurance. 🔗👉 Register now: bit.ly/3NZrDYN

Most firm leaders today understand that modernizing and adapting is the real key to "legacy." Business transformation is a process all firms can benefit from to secure a certain and successful future. trib.al/gN76xqL

Curious about the use of artificial intelligence in small- & medium-sized practices (SMPs)? 💡 Danielle Supkis-Cheek, SMP Advisory Group Member (@AICPA), VP at @mindbridge_ai, a leader in AI-powered financial risk discovery, shared insights here: bit.ly/UsesofAIforSMPs.

Ready to explore our new standard for audits of less complex entities? Dive into the details of the #ISAforLCE on our website and discover the resources we’ve issued to support users: iaasb.org/ISAforLCE #ISAforLCE #AuditStandards #ExploreWithUs

SMP Advisory Group provides input on @IFAC #sustainability project and assessment of the International Education Standards. education.ifac.org/index.html

SMP Advisory Group discusses @Ethics_Board activities and provides input on its projects on #sustainability and use of experts. @IFAC ethicsboard.org/consultations-…

SMP Advisory Group discusses hears from @cpaaustralia about #training priorities and delivery options for small- and medium-sized practices #practicetransformation. @IFAC ifac.org/practicetransf…

@IFAC SMP Advisory Group discusses attracting and retaining #talent and the rise in popularity of working in or owing a small firm. ifac.org/knowledge-gate…

@IFAC SMP Advisory Group discusses the use of generative #AI in small- and medium-sized practices and the current challenges and opportunities #practicetransformation. ifac.org/practicetransf…

@IFAC SMP Advisory Group engages with @ACCANews about #smallbusiness workforce and innovation challenges and combating #bribery and #corruption. ifac.org/knowledge-gate…

@IFAC SMP Advisory Group provides input on @IAASB_News project to revise ISA 240, The Auditor’s Responsibilities Relating to #Fraud in an Audit of Financial Statements. iaasb.org/consultations-…

@IFAC SMP Advisory Group October meeting begins! Focusing on input to the @IAASB_News and @Ethics_Board, practice transformation and how member organizations and small- and medium-sized practices can be #future ready. ifac.org/knowledge-gate…

🎙️ Happy #InternationalPodcastDay! We're celebrating the power of podcasts and their communities. "The Fast Future With IFAC" podcast series features innovative practitioners sharing insights on adapting to our fast-evolving global economy. 🎧 Listen here: bit.ly/SMP-podcast

Join us at IFAC 2023 #EdExchange Summit! A free 3-day online event with 2 dozen+ speakers covering integrity from multiple angles. Live interpretation in Arabic, French, Portuguese, and Spanish. 👉 Secure your spot by registering here: ifacedexchange.com