IFAC

IFAC to strengthen the accountancy profession

The Compliance Program is comprised of a three-part process:
A member organisation’s assessment of its country’s regulatory and standard-setting framework;

·A self-assessment of the extent to which a member body has committed to international convergence of standards and promoted the implementation of strong quality assurance and enforcement regimes as specified in IFAC membership requirements; and

·The development of action plans to further the convergence process and meet other IFAC membership requirements.

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