New IFAC policy on translation of standards
02 Sep 2004
A new Policy Statement on Translation of Standards and Guidance Issued by the International Federation of Accountants has been issued by IFAC to encourage high-quality translations.
The policy applies to standards and guidance issued by IFAC's Education Committee, International Auditing and Assurance Standards Board, and Public Sector Committee. The policy addresses such issues as responsibilities of the translating body, design and implementation of a translation plan, translation of key words, and the translating body's translation process. English is the official language of IFAC standards and guidance, and in the event of any dispute as to the meaning of a translated word or phrase, IFAC will refer to the English meaning thereof. Click to Download IFAC's Translation Policy from IFAC's website (PDF 204k).