The International Federation of Accountants definition

The International Federation of Accountants. (IFAC) means the organization, founded on 7 October 1977 or any other body formed to carry out the functions of IFAC known by whatever name.
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Examples of The International Federation of Accountants in a sentence

  • The International Federation of Accountants (IFAC) is the global organization for the accountancy profession.

  • The International Federation of Accountants defines a Chart of Accounts (CoA) as: “a systematic coding system for the classification and coding of transactions and events within the accounting system.” It is the key that lets any reader find any information about any financial transaction [or any set of them].

  • The International Federation of Accountants (IFAC) is a private international organization that establishes standards for auditing: in particular, it sets the educational, ethical and professional standards for auditors.Founded at the 11th World Congress of Accountants in Munich in 1977, it has been based in New York City since its inception.

  • The International Federation of Accountants (IFAC) member organisations are required to abide by ethical standards at least as stringent as those stated in the Code.These standards may potentially be threatened by a broad range of circumstances including self- interest, self-review, advocacy, familiarity, and intimidation.

  • The International Federation of Accountants (IFAC) offers a slightly different classification ( see table opposite).

  • The International Federation of Accountants ( IFAC) has also emphasised19 the critical role of professional accountants in quantifying the financial impacts of climate issues, ensuring adequate climate-related reporting without material omission or misstatement, and aligning climate-related information and disclosures with company climate commitments and strategic decisions.

  • The lead audit partner of PwC is subject to rotation every seven years (as per The International Federation of Accountants rules on independence of external auditors).

  • The International Federation of Accountants, and the Ministry of Finance and Public Credit of Mexico, have since been admitted as Lead Stewards.

  • The International Federation of Accountants (IFAC) Code of Ethics for Professional Accountants (as enacted in November 2001) was adopted in full in December 2004.

  • The audit shall be carried out in accordance with international audit standards issued by The International Auditing and Assurances Standards Board (IAASB) supported by The International Federation of Accountants (IFAC).

Related to The International Federation of Accountants

  • Accountant General means the officer of the National Treasury designated as the Accountant- General;

  • Certificate of a Firm of Independent Public Accountants means a certificate signed by an independent public accountant or a firm of independent public accountants who may be the independent public accountants regularly retained by the Company or who may be other independent public accountants. Such accountant or firm shall be entitled to rely upon an Opinion of Counsel as to the interpretation of any legal matters relating to such certificate.

  • Reporting Accountants means the auditors of National Grid (but not acting in their capacity as auditors) or such other firm of accountants as may be nominated by National Grid and approved in writing by the Trustee for the purpose or, failing which, as may be selected by the Trustee for the purpose; and

  • public accountant means a person who is registered or deemed to be registered under the Accountants Act (Cap. 2) as a public accountant;

  • Corporation’s Auditors means such firm of chartered accountants as the Corporation may have appointed or may from time to time appoint as auditors of the Corporation, including prior auditors of the Corporation, as applicable;

  • Independent Public Accountants means accountants or a firm of accountants that, with respect to the Company and any other obligor under the Securities or the Coupons, are independent public accountants within the meaning of the Securities Act of 1933, as amended, and the rules and regulations promulgated by the Commission thereunder, who may be the independent public accountants regularly retained by the Company or who may be other independent public accountants. Such accountants or firm shall be entitled to rely upon any Opinion of Counsel as to the interpretation of any legal matters relating to this Indenture or certificates required to be provided hereunder.

  • Accountants shall have the meaning set forth in Section 9.7 hereof.

  • international voyage means a voyage from a country to which the present Convention applies to a port outside such country, or conversely.

  • Chartered Accountant means a person practicing in India or a firm whereof all the partners practicing in India as a Chartered Accountant(s) within the meaning of the Chartered Accountants Act, 1949;

  • Independent Public Accountant means the firm of independent public accountants of nationally recognized standing selected by the Owner to perform an annual financial audit pursuant to the terms of this Agreement.

  • International Accounting Standards means International Accounting Standards (IAS), International Financial Reporting Standards (IFRS) and related Interpretations (SIC-IFRIC interpretations), subsequent amendments to those standards and related interpretations, and future standards and related interpretations issued or adopted by the International Accounting Standards Board (IASB);

  • International Financial Reporting Standards means the accounting standards and interpretations adopted by the International Accounting Standards Board.

  • Independent Accountants shall have the meaning set forth in Section 4.11(a).

  • Buyer’s Accountants means Xxxxx Xxxxxxxx LLP.

  • Accountant A Person engaged in the practice of accounting who (except when this Indenture provides that an Accountant must be Independent) may be employed by or affiliated with the Issuer or an Affiliate of the Issuer.

  • Independent Accountant has the meaning set forth in Section 2.04(c)(iii).

  • Seller’s Accountants means Xxxxxxx & Xxxxxx.

  • international waters means waters falling outside the sovereignty or jurisdiction of any State;

  • Independent Certified Public Accountant means a person duly registered in good standing and entitled to practice as a certified public accountant under the laws of the place of his residence or principal office and who is in fact independent. In determining whether an accountant is independent with respect to a particular person, appropriate consideration should be given to all relationships between the accountant and that person or any affiliate thereof. Determination of an accountant’s independence shall not be confined to the relationships existing in connection with the filing of reports with the awarding authority.

  • cost accountant means a cost accountant as defined in clause (b) of sub-section (1) of section 2 of the Cost and Works Accountants Act, 1959 (23 of 1959) and who has obtained a certificate of practice under sub-section (1) of section 6 of that Act;

  • Auditor means the person for the time being performing the duties of auditor of the Company (if any).

  • Auditors means the auditors for the time being of the Company;

  • Neutral Accountant means a national independent accounting firm selected by Buyer and reasonably acceptable to Sellers.

  • Academies Financial Handbook means the DfE’s financial handbook for Academies in force from time to time;

  • international flight means all flights other than Domestic Flights.

  • Deloitte means Deloitte LLP;