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 52 articles
Accountants Are Going to Save the WorldDuring a storm in the Pacific Ocean in 1992, a sea container with 28,800 rubber ducks fell overboard from ship travelling from China to the US. The toys were carried by winds and ocean currents, and eventually washed up on shores in North America...
by Berry Wammes, Executive Director, Royal Nederlandse Beroepsorganisatie van Accountants | November 15, 2016
Integrated Reporting: An Emerging OpportunityIntegrated reporting, and specifically the multiple capital model that drives the quantitative core of the reporting framework, opens entirely new avenues for accountants to deliver value to internal and external users.
by Dr. Sean Stein Smith DBA, CMA, CPA, CGMA, CFE, Assistant Professor, Lehman College (CUNY) | November 14, 2016
Global Supreme Auditors Convene to Tackle UN Sustainable Development Goals in Abu Dhabi, December 7-11, 2016Auditors-General, IFAC, the OECD, Word Bank and others will convene at the International Organization of Supreme Audit Institutions (INTOSAI)’s 22 nd annual international conference in Abu Dhabi from December 7-11, 2016, to discuss the UN’s 2030...
by Vincent Tophoff, Senior Technical Manager, IFAC | October 11, 2016
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
News and Resources
There are 901 news/resources
Social Capital Protocol by World Business Council for Sustainable Development
Social Capital Protocol by wbcsd - November 17, 2017
Sustainability and enterprise risk management: The first step towards integration (Report)
World Business Council for Sustainable Development - November 17, 2017
We’ll Always Have Paris? Where Now for Renewable Energy
ICAS - October 26, 2017
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
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