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 | July 18, 2016
The 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.
There are 41 articles
Using Management Accounting to Drive Environmental PerformanceAre organizations using management accounting tools, such as activity-based costing and management (ABC/M), to manage environmental impacts? As with a traditional ABC/M model, an environmental ABC/M model leverages an organization’s emissions...
by Anthony Pember, Chief Executive Officer, Pilbara Group, Mark Lemon, Manager, Global Public Sector Practice, Grant Thornton LLP and Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | April 25, 2014
Another Reporting Framework? Yes, but a Valuable OneGiven the long list of voluntary environmental and sustainability reporting frameworks, and guidelines available—from GRI, ISO, CDP, OECD, the UN, and many more, plus a few more on the horizon from the IIRC and SASB—is another one really...
by Dr. Jarlath Molloy, CPhys, Climate Disclosure Standards Board Technical Manager | April 1, 2014
Focus on What Really Matters: Key Trends in Sustainability and ESG ReportingInvestor engagement, regulation, and societal expectations are driving increasing awareness and action on environmental, social, and governance performance. This forces organizations and CFOs to enhance reporting and disclosure, and include ESG...
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | February 10, 2014
First das Auto, Then NatureA recent trip to China left me both impressed and depressed, and more aware than ever that environmental problems there belong to the entire world. Since my last visit, more than 20 years ago, the country has propelled itself from a primarily...
by Vincent Tophoff, Senior Technical Manager, IFAC | January 31, 2014
Innovative Organizations: Becoming Net PositiveAn increasing number of companies, including Coca Cola, British Telecommunications, and retail organizations Kingfisher, Ikea, and PUMA are striving to become net positive, which means that they will give back when it comes to the critical...
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | January 31, 2014
News and Resources
There are 872 news/resources
Climate Disclosure Standards Board Shortlisted for Finance for the Future Award
Climate Disclosure Standards Board - August 31, 2016
Leading Insurers Tell G-20 to Stop Funding Fossil Fuels by 2020
Guardian - August 31, 2016
Deloitte Says Sustainability Reporting Adds Up to Real Numbers
Forbes - August 25, 2016
Enlist the Market in the Climate-Change Fight
Wall Street Journal - August 23, 2016
IAASB Releases Working Group Paper on Supporting Credibility and Trust in Emerging Forms of External Reporting: Ten Key Challenges for Assurance Engagements
International Auditing and Assurance Standards Board - August 18, 2016
Water Accounting: A New Frontier for California
August 17, 2016
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