IFAC is the primary spokesperson for the international profession and speaks out on a wide range of public policy issues. This is accomplished in part through outreach to numerous organizations that rely on or have an interest in the activities of the international accountancy profession.

ICAI is the founder member of the International Federation of Accountants and contributes towards the achievement of its mission. ICAI has its representation on the for the year 2004.

IFAC Constitution empowers its Board to establish the Committees or groupings as may be determined from time to time for the effective discharge of its duties.

International Accounting Standards Board (IASB)

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