Official account of @IFAC’s Small and Medium Practices & Small and Medium Sized Entities activities.

Joined August 2009
275 Photos and videos
We wanted to inform you that we will be deactivating this account. We are incredibly grateful for all the support and engagement over the years. For future updates & information, please follow us on @IFAC. Thank you for being part of our SMP community, stay connected!
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IFAC SMP Activities retweeted
27 Jun 2024
Happy #MSMEDay! As trusted advisers to these businesses, small- & medium-sized practices (SMPs) have a huge role in shaping the transformation to a sustainable future. We’ve identified four key challenges & opportunities for SMEs & SMPs in a new article: bit.ly/4c613aq
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IFAC SMP Activities retweeted
21 May 2024
Did you miss the IFAC, EFAA for SMEs - European Federation of Accountants and Auditors for SMEs, and Accountancy Europe webinar on our #ISAforLCE? Don’t worry—you can catch up here: bit.ly/3ymDj2Q Key takeaways, adoption journeys and links to the webinar recording.
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IFAC SMP Activities retweeted
17 May 2024
🎉The @IFAC_SMP Advisory Group met globally, discussing small and medium practices (SMP) transformation. Thank you to our Advisory Group members for raising awareness and enhancing visibility of both SMPs & Small & Medium-sized Enterprises (SMEs). #IFAC #SMP #SME #Sustainability
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IFAC SMP Activities retweeted
27 Feb 2024
#ICYMI: We’ve proposed a significant strengthening of our standard on auditors’ responsibilities related to #Fraud. Share Your Feedback by June 5, 2024: bit.ly/42tPwO9 #AuditStandards #Transparency #ReportingEcosystem
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IFAC SMP Activities retweeted
26 Jan 2024
🎙️🌍 Explore our latest episode on The Fast Future With IFAC, a podcast series focused on small and medium practices. Dive into a captivating presentation on sustainability by Mark de Lat, an ESG opinion leader. 👉 Click to listen: bit.ly/IFACPodcastEp10
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IFAC SMP Activities retweeted
25 Jan 2024
Mark your calendars! Join IFAC & the International Association for Accounting Education and Research (IAAER) on February 7th at 8AM ET for a webinar on IFAC’s recently published literature review for sustainability reporting & assurance. 🔗👉 Register now: bit.ly/3NZrDYN
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IFAC SMP Activities retweeted
Most firm leaders today understand that modernizing and adapting is the real key to "legacy." Business transformation is a process all firms can benefit from to secure a certain and successful future. trib.al/gN76xqL
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IFAC SMP Activities retweeted
9 Jan 2024
Curious about the use of artificial intelligence in small- & medium-sized practices (SMPs)? 💡 Danielle Supkis-Cheek, SMP Advisory Group Member (@AICPA), VP at @mindbridge_ai, a leader in AI-powered financial risk discovery, shared insights here: bit.ly/UsesofAIforSMPs.

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IFAC SMP Activities retweeted
3 Jan 2024
Ready to explore our new standard for audits of less complex entities? Dive into the details of the #ISAforLCE on our website and discover the resources we’ve issued to support users: iaasb.org/ISAforLCE #ISAforLCE #AuditStandards #ExploreWithUs
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SMP Advisory Group provides input on @IFAC #sustainability project and assessment of the International Education Standards. education.ifac.org/index.htm…

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SMP Advisory Group discusses hears from @cpaaustralia about #training priorities and delivery options for small- and medium-sized practices #practicetransformation. @IFAC ifac.org/practicetransformat…
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IFAC SMP Activities retweeted
30 Sep 2023
🎙️ Happy #InternationalPodcastDay! We're celebrating the power of podcasts and their communities. "The Fast Future With IFAC" podcast series features innovative practitioners sharing insights on adapting to our fast-evolving global economy. 🎧 Listen here: bit.ly/SMP-podcast
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IFAC SMP Activities retweeted
6 Oct 2023
Join us at IFAC 2023 #EdExchange Summit! A free 3-day online event with 2 dozen speakers covering integrity from multiple angles. Live interpretation in Arabic, French, Portuguese, and Spanish. 👉 Secure your spot by registering here: ifacedexchange.com/
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IFAC SMP Activities retweeted
5 Oct 2023
Did you miss last month’s Corporate Disclosures webinar on our proposed #ISSA5000 and #SustainabilityAssurance? You can easily catch up in a summary article or the webinar recording (free registration is required): bit.ly/3EVXtRi 📚🎥
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IFAC SMP Activities retweeted
5 Oct 2023
IFAC is excited to share final video, ‘What is Sustainability Assurance?’, in support of @IOSCOWIW. IFAC Board Member Margrét Pétursdóttir highlights the role of accountants in ensuring accurate non-financial sustainability data. 🎥👉 Watch the video: bit.ly/WhatIsSustainabilityA…
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IFAC SMP Activities retweeted
21 Sep 2023
🎉Exciting News! We just approved our standard for auditing #LessComplexEntities. The new, stand-alone #LCE standard will be issued following the Public Interest Oversight Board's approval of our due process, which we anticipate in December. 🗓️ #AuditStandards
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IFAC SMP Activities retweeted
29 Aug 2023
IFAC’s SMP Advisory Group acknowledges @IAASB_News in proposing scalable changes to their going concern standard but raises concerns about a heightened expectation gap, increased workload & challenges to the proposed assessment period change. Read here: bit.ly/3EfWStv
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IFAC SMP Activities retweeted
15 Aug 2023
🗓️ Save the date! Oct 3rd, 14:00-17:00 (Brussels time) 🕑 Join Chair @SeidensteinTom & IAASB member Isabelle Tracq-Sengeissen as they discuss #ISSA5000 & high-quality sustainability assurance at @IFAC & @AccountancyEU event. Reserve your spot: ow.ly/1c6a50PziZl
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