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 | February 12, 2018
Financial modelling that enables an understanding of how a Product-as-a-Service model can be viable and represented by financial statements will help to unlock new investment in new innovative and sustainable business models.
There are 49 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
Natural Capital Protocol Launched in Chartered Accountants Hall to Great FanfareThe 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.
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | July 18, 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 900 news/resources
The Reporting Exchange: The Global Resource for Sustainability Reporting
The Reporting Exchange - October 23, 2017
Upcoming: World Forum on Natural Capital: November 27 & 28
World Forum on Natural Capital - October 18, 2017
Accounting for Climate Change
EY - October 3, 2017
Sustainability Reporting Implementation Roadmap
Institute of Singapore Chartered Accountants - September 25, 2017
Leveraging the COSO Internal Control—Integrated Framework to Improve Confidence in Sustainability Performance Data
Institute of Management Accountants - September 14, 2017
Sustainable Development Goals
Strategic Finance - September 8, 2017
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