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 50 articles
Integrated Reporting: Will It Make a Difference?How can integrated reporting avoid the pitfalls of previous methods to enhance corporate reporting, without becoming an added burden, to make a real difference in decision making and corporate behavior?
by Nick A. Shepherd, President, EduVision | January 19, 2016
The Year in Review: A Look Back at Viewpoints from 2015For the accountancy profession, 2015 was a forward-looking year. The need to attract and develop new talent, embrace rapidly changing technological trends, and demonstrate how the accountancy profession is playing a wider role in society were
by Eli R. Khazzam, Senior Professional, Economic Development & Emerging Technologies. | December 29, 2015
Sustainability on Our Minds—The Editor’s Review Series No. 2A brief review of some of the key Gateway articles covering the roles accountants play in creating sustainable organizations.
by Eli R. Khazzam, Senior Professional, Economic Development & Emerging Technologies. | December 14, 2015
Corporate Governance and Transparency—The Chicken or the Egg of Sustainable Development?The historic agreement between the 193 UN member states on the 17 Sustainable Development Goals is only part of the beginning; businesses play a crucial role in achieving many of the SDGs, and are falling short. Now is a time for focus on the...
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | November 30, 2015
The Water Crisis and Management: Implications for Accountants in BusinessWater crises will affect all business sectors but accountants in business can help their organizations prepare and adapt.
by Professor Roger Burritt and Dr. Katherine Christ, Macquarie University, Sydney, Australia | November 13, 2015
News and Resources
There are 900 news/resources
Why it Pays to Invest Sustainably
ICAS - June 26, 2017
This Isn't Just Any Sustainability Plan, This Is an M&S Plan
ICAS - June 18, 2017
Climate Change Briefing: 20 Questions Directors Should Ask
CPA Canada - May 23, 2017
Bridging the Gap on ESG Reporting through Dialogue
CPA Canada - May 12, 2017
Climate Change: New Global Recommendations for Corporate Reporting
Institute of Chartered Accountants in England and Wales - January 17, 2017
The Importance of Sustainability Accounting and Reporting in Assessing a Firm: A Student’s Perspective
Accounting Today - January 12, 2017
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