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Independent Standard-Setting Boards
The International Auditing and Assurance Standards Board sets high-quality international standards for auditing, assurance, and quality control that strengthen public confidence in the global profession.
The International Accounting Education Standards Board establishes standards, in the area of professional accounting education, that prescribe technical competence and professional skills, values, ethics, and attitudes.
The International Ethics Standards Board for Accountants sets high-quality, internationally appropriate ethics standards for professional accountants, including auditor independence requirements.
The International Public Sector Accounting Standards Board develops standards, guidance, and resources for use by public sector entities around the world for preparation of general purpose financial statements.
|Global Knowledge Gateway||
The importance of sustainability and corporate responsibility continue to gain recognition; indeed, organizations that embrace sustainability can enhance their reputation with stakeholders and their value. The intersection of business and sustainability has three key dimensions: economic viability, social well-being, and environmental responsibility. Accountants work in this area to help embed sustainability factors into an organization’s strategy and decision-making processes to achieve sustainable value creation. Read More
by Stathis Gould, Head of Professional Accountants in Business, IFAC | May 4, 2015 |
Professional accountants need to consider how they apply their professional judgment to support rigorous project and investment appraisal—this is the hallmark of being a professional. Read More
A Circular Economy Must Drive Management Accounting in the 21st Century
by Stathis Gould, Head of Professional Accountants in Business, IFAC | October 29, 2014 |
A circular economy is one that produces value without producing waste; management accountants can help their companies develop sustainable business models that move them closer to a circular economy for the benefit of their customers, society, and the organization. Read More
Measuring What Matters: Is It Time to Move beyond Measuring National Success with GDP?
by Rob Ward, Head of Leadership & Advocacy, Chartered Accountants Australia and New Zealand | October 21, 2014 | 1
A new publication from Chartered Accountants Australia and New Zealand discusses how a more complete picture of national progress could be determined—one that recognizes environmental and social outcomes as well as economic aspects. Read More
Attracting Long-term Investors through Integrated Thinking and Reporting
by Andrew Knauer, Senior Analyst, Just Capital, George Serafeim, Associate Professor of Business Administration, Harvard University School of Business and Stathis Gould, Head of Professional Accountants in Business, IFAC | October 9, 2014 |
Research shows that integrated thinking and reporting can have a positive impact on the type of investors your company attracts—those who are in it for the long-term and looking for sustainable value creation. Read More
Carbon Accounting for Small Businesses: How Accountants Can Help Everyone Be Greener
by David York, Head of Auditing Practice, ACCA | September 24, 2014 |
New guidance from the ACCA is intended to help accountants advise SMEs on how to establish and operate carbon accounting. Read More
- Mark Carney’s Climate Change Concerns Align with Accountants Views
October 6, 2015 - The Accountant
- Accountants Should Tackle Climate Change to Serve the Public Interest
October 6, 2015 - Blue & Green
- Mark Carney’s Climate Warning Splits Opinions
October 2, 2015 - Financial Times
- United Nations' Latest Sustainability Goals Should Show Tough Love to Business
September 29, 2015 - The Conversation
- 2014 Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements
October 8, 2014 - International Auditing and Assurance Standards Board
- Project and Investment Appraisal for Sustainable Value Creation
August 14, 2013 - IFAC
- Principles for Effective Business Reporting Processes
January 17, 2013 - IFAC
- GRI Reporting Framework (G4)
January 1, 2013 - Global Reporting Initiative