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. See the full overview.
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | July 18, 2016
The launch of the Natural Capital Protocol should spark professional accountants to help businesses respond to natural capital impacts and dependencies—the sustainability of organizations, economies, and societies depends on it.
There are 41 articles
Understanding a Business’ Impacts, Dependencies on the Natural WorldLast month, the Natural Capital Protocol launched to great fanfare at Chartered Accountants Hall in London. The Protocol is a standardized framework for business to identify, measure, and value their direct and indirect impacts and dependencies
by Mark Gough, Executive Director, Natural Capital Coalition | September 20, 2016
Materiality and Conciseness in Integrated ReportingAn ACCA study explores materiality and conciseness in integrated reporting from the perspectives of corporate report preparers and company auditors.
by Yen-pei Chen, Corporate Reporting and Tax Manager. Professional Insights, ACCA | September 2, 2016
The Use and Usefulness of Integrated ReportingAn ACCA report explores how providers of financial capital perceive integrated reporting and its potential for providing decision-useful information, through interviews with senor capital market participants.
by Yen-pei Chen, Corporate Reporting and Tax Manager. Professional Insights, ACCA | August 22, 2016
Integrated Reporting and Climate Change: A Perfect MarriagePart of the climate risk problem is rooted in the age-old problem of transparency—but this is a problem integrated reporting, combined with integrated thinking, is designed to fix.
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | May 27, 2016
News and Resources
There are 871 news/resources
Principles for Effective Business Reporting Processes
IFAC - January 17, 2013
Standing Rock Protest: Finding the Long-Term Solution
Forbes - November 28, 2016
Sustainable Investing and Bond Returns
Barclays - November 28, 2016
Millennial Motivation: Why ESG Reporting Is an Emerging Standard
Forbes - November 28, 2016
US Sustainable Investment Soars 33 Per Cent to $8.7tr
Business Green - November 16, 2016
GRI Standards: Introduction
Global Reporting Initiative - November 14, 2016
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