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IFAC FOCUS AREAS
- Accountability. Now.
- 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. Read More
This web page provides guidance on the Environmental Profit and Loss Account (EP&L) which places a financial value on environmental impacts along the entire value chain of a business to help companies combine sustainability metrics with traditional business management.
WACF guides the development of Australian Water Accounting Standards (AWAS) to ensure they remain cohesive and integrated.
Rolf-Dieter Schwalb, CFO of Royal DSM explored the links between global macro sustainability trends and the bottom line for business. Rolf-Dieter spoke about the transformation DSM undertook over the last decade, moving away from fossil fuel based petro chemical businesses to focus on health, nutrition and materials sciences as the main pillars of the business.
The report includes a useful guide on the four key ways that CGMAs can influence sustainable decisions. This guide will help both management accountants and business leaders understand their unique contribution to sustainable success.
Results from ACCA student survey from around the world to help define the key sustainability issues for businesses in the next ten years
This report features three key elements of transparency, six case studies, and an advancement tool for implementing these practices. The research is meant for reporting practitioners and corporate citizenship specialists who are working toward a better, more sustainable future.
Finance professionals who develop an understanding of different types of capital are better positioned to increase their value and aid in their organization’s strategy.
- Can Sustainability Standards Build Stronger Businesses and Better Informed Investors?
May 7, 2015 - Forbes
- Corporate Reporting Giants Publish Reporting Framework Navigation Tool
May 6, 2015 - Environmental Leader
- Materiality Matters: Why Don't Companies Have to Disclose Sustainability Risk?
April 28, 2015 - Green Biz
- Can Manufacturing Lead the Way to a Sustainable Future?
April 22, 2015 - Green Biz
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