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IFAC FOCUS AREAS
- Accountability. Now.
- Adoption of International Standards
- Developing the Global Profession
- Global Representation and Advocacy
- Professional Accountants in Business
- Small and Medium Practices
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
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Sustainability efforts aren’t always good for the bottom line explains EnerNOC’s Tim Healy.
This highlights how natural capital is informing business decisions and helping companies stress test their business model, products, and supply chains in a world with increasing resource constraints.
Top tips every small business needs to know in order to reduce their carbon footprint.
This article provides an overview of water metrics and accounting for water.
A growing belief that increasing levels of social inequality and natural environment degradation were pressing problems that the capitalist system was failing to resolve had led many stakeholders to advocate for changes in measurement and corporate reporting as a potentially powerful “lever” that could move the discussion from “Reimagining” to “Reshaping” capitalism.
This conversation covered the industry from nearly all angles touching on public policy debates, the war for top talent and what’s at stake if CPAs don’t lead the charge for fiscal change in the United States.
- These Are the World's Most Sustainable Cities
September 26, 2016 - World Economic Forum
- The Business Case to Mobilize against Climate Change: Jobs and Innovation
September 23, 2016 - Fast Company
- How to Succeed at Sustainability (And Why Greenwashing Doesn´t Work)
September 15, 2016 - Forbes
- Climate Looms Large on Investment Risk Radar
September 9, 2016 - In the Black
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