Quality Assurance as a Requirement to Membership of the International Federation of Accountants (IFAC) (Sudanese Case)

Abstract

This paper addresses the issue of becoming effective part in this modern economy, where highly professional knowledge is needed to afford competition in such a fast growing complex economy. Professional and occupational organizations play vital role in the development and growth of nations' economies. These originations are lobbies with advanced working system and special values of work ethics. The general trend in this modern time is the interests of individual persons as well as organizations to seek international recognition worldwide. The International Federation of Accountants (IFAC) is an international non –profit organization that takes care of accounting profession and accounting education at world level. This leading organization can play vital role in the development of international economy, as it is a recognized board that issues and indentifies accounting facilities at local and international arena. The Sudan is a part of this business. Its accounting firms, boards and personnel should seek international recognition; so joining (IFAC) is one step towards globalization to help develop local and international interests. This paper investigates the role of IFAC and explains the general procedures and requirements of membership to future applicants in the fields of accounting profession and accounting education.