IFAC posts responses to part 2 of compliance survey
26 Jul 2006
The International Federation of Accountants has posted the responses of more than 95 IFAC members and associates to Part 2 of IFAC's Member Body Compliance Program.
Under the Compliance Program, IFAC members and associates were asked to provide information about the regulatory and standard-setting framework is in their country (Part 1) and their organisations' activities in addressing IFAC's membership requirements (Part 2) as described in IFAC's Statements of Membership Obligations. IFAC's website now has Links to the Part I and Part II Responses. The 95 Part II responses are finalised reports containing information about the professional standards, quality assurance, and investigation and discipline programs in place for professional accountants are in the process of being posted to the IFAC website and are accessible to the public. Over 150 responses to Part 1 are also available. Click here for more information about IFAC's Compliance Program.