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
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
Stranded Assets and Reserve AccountingThe Carbon Tracker Initiative report, Unburnable Carbon, calculates that only 31% of the world's currently indicated fossil fuel reserves, which equate to 2,860 billion tonnes of carbon dioxide, could be burned for an 80% chance of keeping below...
by Stathis Gould, Head of Professional Accountants in Business and Integrated Reporting, IFAC | December 2, 2013
News and Resources
There are 900 news/resources
Sustainability Disclosures Making Headway in Reports
Accounting Today - September 27, 2016
These Are the World's Most Sustainable Cities
World Economic Forum - September 26, 2016
The Business Case to Mobilize against Climate Change: Jobs and Innovation
Fast Company - September 23, 2016
Malaysia’s Leadership in Islamic Finance a Catalyst for ESG-driven Investment
The Star.com - September 22, 2016
5 Commonly Missed Opportunities in Corporate Sustainability
New Metrics - September 16, 2016
Islamic Finance Boosts Cleantech Project Development
International Financial Law Review - September 16, 2016
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