Established in October1977 at 11th World Congress of Accountants in Munich
Promotes adherence to high-quality professional standards of auditing, ethics, education, and training
Launched International Forum on Accountancy Development (IFAD) to
Enhance the accounting profession in emerging nations
Promote transparent financial reporting
Established the Forum of Firms with an aim of
Protecting the interests of cross-border investors
Promoting international flows of capital