International Federation Of Accountants - IFAC

Filed Under:
Dictionary Says

Definition of 'International Federation Of Accountants - IFAC'


The worldwide organization for the accountancy profession. The International Federation of Accountants (IFAC) strives to serve the public interest by establishing and promoting adherence to international standards, facilitating cooperation with member bodies, and serving as a spokesperson for the international profession on relevant public policy issues.
Investopedia Says

Investopedia explains 'International Federation Of Accountants - IFAC'


IFAC's boards set international standards in a number of areas including auditing, quality control, education, public sector accounting and ethics for professional accountants.

While IFAC was founded on October 7, 1977, in Munich, its headquarters have been located in New York City since its inceptions.
comments powered by Disqus
Hot Definitions
  1. Valuation

    The process of determining the current worth of an asset or company. There are many techniques that can be used to determine value, some are subjective and others are objective.
  2. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
  3. Tech Street

    A term used in the financial markets and the press to refer to the technology sector. Companies like Intel, Microsoft, Apple and Dell are all considered to be part of Tech Street.
  4. Momentum Investing

    An investment strategy that aims to capitalize on the continuance of existing trends in the market. The momentum investor believes that large increases in the price of a security will be followed by additional gains and vice versa for declining values.
  5. Momentum Investing

    An investment strategy that aims to capitalize on the continuance of existing trends in the market. The momentum investor believes that large increases in the price of a security will be followed by additional gains and vice versa for declining values.
  6. IPO ETF

    An exchange-traded fund that focuses on stocks that have recently held an initial public offering (IPO). The underlying indexes tracked by IPO ETFs vary from one fund manager to another, but index IPO ETFs are usually passively managed and contain equities that have recently been offered to the public.
Trading Center