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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
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SUSTAIN is IFC’s platform for sharing cutting-edge business solutions with companies and partners across the world.
A new project, Reporting 2025, has been established to discover what the main issues will be in companies' agendas – and consequently in their public reports – 10 years from now.
The awards aim to encourage the efficient use of resources, enhance the competitiveness of businesses, improve environmental performance and support the wider goals of sustainable development including social benefits through community and staff involvement.
This showcases the natural capital efforts of some 40 companies — from Alcoa to Lockheed Martin to YES Bank — representing $1.4 trillion in revenues. Nonprofits involved include BSR, Trucost and World Wildlife Fund (WWF). The hub's core tool is a database of case studies, which you can search by industry, geography, benefit, approach or ecosystem. Supporting articles introduce visitors to the basic concepts of valuing natural capital, with categories offering to help you "make the case, benchmark, implement and connect" your own efforts.
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).
Thought-leadership project that explores what is meant by economic success, the role that GDP and profit play in this, and the potential for broader measures of economic success to help us balance our economic priorities, our social goals, and the constraints imposed on us by the natural environment we live in.
The Global SCP Clearinghouse is a unique one-stop hub dedicated to advancing Sustainable Consumption and Production (SCP) worldwide.
- 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
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