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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
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 | 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
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
The Sustainability Imperative for Small Business
by Paul Thompson, Director, SMP & SME Affairs, IFAC | August 22, 2014 |
Small- and medium-sized entities (SMEs) might think that sustainability is only relevant to large companies—that for a small business, the administrative and financial costs outweigh the benefits. Moreover their accountants will tell you it is a hard sell getting SMEs to embrace sustainability. However, SMEs that integrate sustainability into their core business strategy can benefit from lower costs, reduced risk, and new opportunities. And their accountants, typically operating in small- and medium-sized practices (SMPs), can play a key role in their journey. Read More
- Materiality Matters: Why Don't Companies Have to Disclose Sustainability Risk?
April 28, 2015 - Green Biz
- Can Manufacturing Lead the Way to a Sustainable Future?
April 22, 2015 - Green Biz
- A Good Corporate Accounting of Social Costs Is Needed
April 16, 2015 - NY Times
- How to Introduce Sustainability into Business Decisions
April 10, 2015 - Institute of Chartered Accountants of Scotland
- Project and Investment Appraisal for Sustainable Value Creation
August 14, 2013 - IFAC
- GRI Reporting Framework (G4)
January 1, 2013 - Global Reporting Initiative