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The recent financial and economic crises exposed many corporate governance weaknesses—but, at the same time, they created momentum for change. Effective governance encourages better organizational decision-making, accountability, and robust scrutiny of organizational performance. Accountants are in an excellent position to ensure that governance is integrated into the very DNA of their organizations, which has been identified as critical to its effectiveness. Read More
Through its membership of the Business and Industry Advisory Committee to the OECD, BIAC, IFAC is actively involved in the work of the Organisation for Economic Co-operation and Development (OECD).
Facilitates effective, entrepreneurial and prudent management that can deliver the long-term success of the company.
Aims to bring together elements of best practice for risk management; prompt boards to consider how to discharge their responsibilities in relation to the existing and emerging principal risks faced by the company; reflect sound business practice, whereby risk management and internal control are embedded in the business process by which a company pursues its objectives; and highlight related reporting responsibilities.
This debates how to develop macro reporting metrics that present a more holistic and accurate measure of national progress than gross domestic product (GDP).
The Business Anti-Corruption Portal (Portal) provides a comprehensive and practical business tool, and offers targeted support to SMEs in order to help them avoid and fight corruption, thereby creating a better business environment.
This report investigates over 190 academic studies and sources on sustainability to assess the economic evidence on both sides for: a business case for corporate sustainability, integrating sustainability into investment decisions, and implementing active ownership policies into investors’ portfolios
Compliance Programs: What Separates "Good Enough" from "Great"?
August 28, 2014 - Deloitte
This report look at the building blocks of a world-class program that not only protects an organization from internal and external threats, but also enhances its brand and strengthens its relationships with multiple stakeholders.
January 15, 2015 - Financial Reporting Council
January 5, 2015 - IFAC
December 19, 2014 - The Strait Times
December 16, 2014 - Zaywa
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