IFAC (International Federation of Accountants) is a global organization for the accountancy profession, founded in 1977. It develops and promotes international standards in auditing, assurance, public sector accounting, ethics, and education for professional accountants[1][5]. IFAC supports four independent standard-setting boards and provides guidance for small and medium-sized practices[1]. Its target audience includes professional accountants worldwide. The unique selling proposition is its role as the global voice for the accountancy profession, promoting high-quality standards and collaboration among its members[1][5]. Services include standard development, professional guidance, and advocacy for the profession[1][5].