The International Federation of Accountants (IFAC) has published an interactive tool providing detailed country profiles of member organisations, regulators and professional accounting institutes detailing compliance with global and local audit and accounting legislation, regulation and oversight in 50 countries
The profile landing page details the organisations which are members and associates with links to individual country profiles providing an overview of the regulatory environment across 50 jurisdictions.
As of August, more than 65 member organisations and 50 country profiles have been published; additional profiles will be published in the coming months.
Country profiles include a listing of all IFAC member organisations in the jurisdiction, a description of the legal and regulatory environment, and the adoption status of international standards.
There are also links to legislation affecting audit and accounting, including governance codes, the Companies Act in the UK and the audit oversight framework. In the case of the UK, the implementation of the EU Audit Regulation and Directive into UK law on 17 June 2016 has not been updated as yet.
The overall level of information across the 50 countries provides a detailed overview of current regulatory requirements and adoption and compliance with global accounting standards.
Organisation profiles provide an assessment of fulfilment of the Statements of Membership Obligations as well as a brief description of the organisation.
The IFAC UK profile is available here
The IFAC Member Organisations and Profiles interactive map is available here