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What is Overview of IFAC about?

The International Federation of Accountants (IFAC), established in 1977, aims to develop and promote a harmonized accounting profession with high-quality standards. It currently comprises 157 organizations from 118 countries, representing approximately 2.5 million accounting professionals. IFAC collaborates with the International Accounting Standards Committee (IASC) to ensure ethical standards and quality in accounting practices globally.

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