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High-quality business reporting is at the heart of strong and sustainable organizations, financial markets, and economies. It allows organizations to present a cohesive explanation of their business and helps them engage with internal and external stakeholders, including customers, employees, shareholders, creditors, and regulators, while also promoting better internal decision making. Professional accountants are integral to all phases of organizational reporting. Read More
This sets out the global body for professional accountants’ key policies and position statements around a series of six business and sustainability topics: sustainability reporting, integrated reporting, the assurance of non-financial information, climate change, natural capital, and the green economy.
This guide is intended to inform members of audit committees and directors about integrated reporting (<IR>) and how it can benefit organizations you work with as well as some of the challenges around implementation.
An international study supported by ACCA reveals the importance of trade credit and the global differences in accessing it.
FASB and the International Accounting Standards Board (IASB) are struggling to find common ground in their efforts to create a converged standard for financial reporting on leases.
The International Financial Reporting Standards Foundation and the International Accounting Standards Board are reaching out to Islamic countries to elicit their support for IFRS, with a working group dedicated to making sure the standards don’t conflict with Sharia law.
Presentation given by Mario Abela, senior policy advisor at IFAC, at the Gulf Cooperation Council Accounting and Auditing Organization forum on the history and status of integrated reporting, and what comes next.
Developing and Reporting Supplementary Financial Measures
February 26, 2014 - IFAC
The Professional Accountants in Business (PAIB) Committee of the International Federation of Accountants (IFAC) issued proposed International Good Practice Guidance, Developing and Reporting Supplementary Financial Measures, for public comment. This guidance seeks to establish a benchmark for the use of supplementary financial measures, in order to improve understanding of an organization’s performance among management, investors, and other stakeholders.
September 17, 2014 - IFRS Foundation
September 16, 2014 - Bangkok Post
September 15, 2014 - Financial Reporting Council
September 12, 2014 - Accounting Today
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