Overview
What is International Federation Of Accountants?
The International Federation of Accountants (IFAC) is a global organization based in New York, New York, with over 180 members and associates in 135 jurisdictions, representing approximately 3 million accountants. Established to serve the public interest, IFAC is composed of professionals from public practice, education, government service, industry, and commerce. With a non-profit mission, IFAC contributes to the development of strong international economies by strengthening the accounting profession, advocating for high-quality international standards, and leading the development of a future-ready accounting profession. IFAC engages as the voice for the global accounting community, committed to speaking out on issues and promoting the adoption and implementation of top-tier international standards.
Official website here: www.ifac.org
Is International Federation Of Accountants legitimate?
International Federation Of Accountants is a legitimate nonprofit organization registered as a 501(c)(6) entity. International Federation Of Accountants submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $9,186,184
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,710,151
For more financial information, click here
Official website here: www.ifac.org
What is the mission statement of International Federation Of Accountants?
The International Federation of Accountants (IFAC) is a global organization dedicated to serving the public interest by strengthening the accounting profession and contributing to the development of robust international economies. Comprised of over 180 members and associates in more than 135 jurisdictions, IFAC represents over 3 million accountants in various sectors.
In the public interest with no profit-making purpose, IFAC speaks out and engages as the voice for the global accounting profession. It leads and develops a future-ready accountancy profession by promoting high-quality international standards. Moreover, IFAC contributes significantly to the development, adoption, and implementation of these standards.
By leading and developing a future-ready accountancy profession, IFAC ensures that the profession remains at the forefront of addressing evolving challenges and opportunities. The organization's efforts are geared towards ensuring that the accounting profession remains equipped to meet the needs of the global economy.
Official website here: www.ifac.org
Who is the CEO of International Federation Of Accountants?
Kevin Dancey is the Chief Executive Officer of International Federation Of Accountants. The CEO's salary of International Federation Of Accountants is $862,760 and their total compensation is $940,217.
Official website here: www.ifac.org
What is the revenue of International Federation Of Accountants?
International Federation Of Accountants's revenue in 2022 was $34,686,939.
Official website here: www.ifac.org
Who are the executives of International Federation Of Accountants and what are their salaries?
The average compensation at International Federation Of Accountants during 2022 was $210,545. There are 85 employees and 282 volunteers at International Federation Of Accountants.
Here are 51 key members and their salaries (International Federation Of Accountants's CEO's salary is $862,760 and their total compensation is $940,217):
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- Compensation: $862,760
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- Other: $77,457
- Compensation: $577,822
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- Other: $77,894
- Compensation: $553,477
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- Other: $95,156
- Compensation: $382,257
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- Compensation: $345,689
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- Other: $78,299
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- Other: $58,668
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- Other: $41,408
- Compensation: $226,390
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- Other: $73,114
- Compensation: $279,500
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- Other: $47,318
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- Other: $72,065
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- Compensation: $268,267
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- Compensation: $266,924
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- Other: $58,822
- Compensation: $260,999
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- Other: $71,645
- Compensation: $225,973
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- Compensation: $230,288
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- Other: $22,801
- Compensation: $190,072
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- Other: $21,235
- Compensation: $472,669
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- Compensation: $229,011
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- Other: $65,467
- Compensation: $158,414
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- Compensation: $161,899
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- Other: $19,736
- Compensation: $226,937
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- Other: $15,378
- Compensation: $146,188
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Official website here: www.ifac.org
Where can I find the form 990 for International Federation Of Accountants?
International Federation Of Accountants's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ifac.org
Learn more at the official website: www.ifac.org
Mission Statement of International Federation Of Accountants
The International Federation of Accountants (IFAC) is a global organization dedicated to serving the public interest and strengthening the accountancy profession. With a mission rooted in the public good, IFAC operates without a profit-making purpose. The federation speaks out and engages as the voice for the global accounting profession, leading and developing a future-ready accountancy field. IFAC's primary objective is to contribute to and promote the development, adoption, and implementation of high-quality international standards.
Comprised of over 180 members and associates in more than 135 jurisdictions, the International Federation of Accountants represents over three million accountants in various sectors, including public practice, education, government service, industry, and commerce. By fostering a strong international economy, IFAC supports the growth and development of the accountancy profession. The federation leads and develops future-ready accountants, ensuring they have the necessary skills and knowledge to adapt to a constantly evolving business landscape. Through its initiatives, IFAC empowers accountants to make a significant impact on the global stage.
In summary, the International Federation of Accountants is a vital player in ensuring the accountancy profession maintains its relevance and remains committed to the public interest. By advocating for high-quality international standards, developing a future-ready workforce, and acting as the voice for the global accounting profession, IFAC remains at the forefront of shaping the future of the accountancy field.
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Impact
October, 2024
The International Federation of Accountants (IFAC) plays a pivotal role in enhancing the accountancy profession worldwide by serving the public interest. With over 180 members and associates across more than 135 jurisdictions, representing over 3 million accountants, IFAC acts as a comprehensive voice for the profession, advocating for the development and implementation of high-quality international standards.
IFAC’s impact is multi-faceted, focusing on three key areas:
1. **Advocacy and Representation**: By engaging with various stakeholders, IFAC articulates the needs and values of the global accountancy profession, ensuring that the profession’s perspectives are represented in discussions that shape policies and regulations.
2. **Leadership in Professional Development**: IFAC is committed to fostering a future-ready accountancy profession, offering guidance and support for professional development. This commitment helps ensure accountants are equipped with the necessary skills and knowledge to adapt to evolving global economic landscapes.
3. **Standard Development and Promotion**: Through its efforts to develop, adopt, and implement high-quality international standards, IFAC contributes to the reliability and transparency of financial reporting globally. This promotes trust in financial information, which is crucial for the functioning of markets and economies.
Overall, IFAC's influence extends beyond the accountancy profession, contributing to the strength of international economies and the integrity of the global financial system.
This information is meant to be a general summary of International Federation Of Accountants. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,910
- Gross Receipts: $34,687,457
Assets and Liabilities:
- Total Assets: $23,950,992
- Total Liabilities: $6,530,766
- Net Assets: $17,420,226
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Organization Details
Founding Year
1977
Phone
(212) 286-9344Principal Officer
Kevin Dancey
Main Address
529 FIFTH AVENUE 6TH FLOOR, NEW YORK, NY, 100173622
Website
www.ifac.orgNTEE Category
Code: B50P - Education
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