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
Measuring What Matters: Is It Time to Move beyond Measuring National Success with GDP?A new publication from Chartered Accountants Australia and New Zealand discusses how a more complete picture of national progress could be determined—one that recognizes environmental and social outcomes as well as economic aspects.
by Rob Ward, Head of Leadership & Advocacy, Chartered Accountants Australia and New Zealand | October 21, 2014
Attracting Long-term Investors through Integrated Thinking and ReportingResearch shows that integrated thinking and reporting can have a positive impact on the type of investors your company attracts—those who are in it for the long-term and looking for sustainable value creation.
by Andrew Knauer, Senior Analyst, Just Capital, George Serafeim, Associate Professor of Business Administration, Harvard University School of Business and Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | October 9, 2014
Carbon Accounting for Small Businesses: How Accountants Can Help Everyone Be GreenerNew guidance from the ACCA is intended to help accountants advise SMEs on how to establish and operate carbon accounting.
by David York, Head of Auditing Practice, ACCA | September 24, 2014
The Sustainability Imperative for Small BusinessSmall- and medium-sized entities (SMEs) might think that sustainability is only relevant to large companies—that for a small business, the administrative and financial costs outweigh the benefits. Moreover their accountants will tell you it is a...
by Paul Thompson, Director, European Federation of Accountants and Auditors for SMEs | August 22, 2014
Lasting Legacy or Long-Term Liability? Is It Only a Numbers Game When Hosting Major International Tournaments?Assessing the economic impact of hosting a major international tournament involves a wide range of factors. In many instances, the costs exceed original expectations and highlight the importance of sound budgeting, monitoring, financial...
by Christopher Arnold, Head of SME/SMP and Research, IFAC | July 9, 2014
News and Resources
There are 901 news/resources
The Game Changers
Finance-Monthly - October 31, 2016
Mark Carney Advocates Better Climate-Related Financial Disclosure at CPA Canada Event
CPA Canada - October 26, 2016
City of Montreal: Adapting to Climate Change
CPA Canada - October 26, 2016
World Bank Pledges $2bn to Bangladesh for Climate Change Resilience
Public Finance International - October 24, 2016
Getting Natural Capital on the Boardroom Agenda
Natural Capital Lab - October 24, 2016
Speech by the Secretary-General of the IFSB at the WB – IFSB High-Level Seminar on Islamic Finance – Rethinking Finance for the SDGs: Islamic Finance and Its Relevance
Islamic Financial Services Board - October 24, 2016
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