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IFAC FOCUS AREAS
- Accountability. Now.
- 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
Marshalls plc’s finance team designed and used spreadsheets to support a major carbon labelling project to generate a relevant carbon label for each product family.
UK brewery Adnams provides a case example for an environmentally-friendly approach to production, packaging, and distribution of its goods.
The Guide to Sustainability issues lists and briefly explains a wide range of sustainability issues that organisations need to be aware of.
Executives recognize the importance of social and environmental responsibility-corporate sustainability-but they seldom implement it successfully. The challenge lies in how to actually integrate sustainability into operational and capital investment decision making and implement it successfully in large, complex, for-profit organizations.
Explores innovations that have the capacity to create long-term value.
Introduces finance and risk professionals to the potential business impacts from macro sustainability trends (such as climate change, water scarcity, increasing population and severe weather events) and sets out why it is important to adapt traditional risks management process to respond to these trends.
This report completes a decade of highlighting the most significant long-term risks worldwide, drawing on the perspectives of experts and global decision-makers.
- 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
- World Leaders Agree Sustainable Development Goals – as It Happened
September 28, 2015 - The Guardian
- VicSuper Incorporating Natural Capital into Investment Decisions
September 28, 2015 - Investment Magazine
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