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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
Guidance on auditing management systems, including the principles of auditing, managing an audit programme and conducting management system audits, as well as guidance on the evaluation of competence of individuals involved in the audit process, including the person managing the audit programme, auditors and audit teams.
The PUMA E P&L is the first attempt to measure the immense value of these services to our business, and the true costs of our business’s impacts on nature by placing a monetary value on them along our entire value chain.
EPA’s Greenhouse Gas Reporting Program will help to better understand where greenhouse gas emissions are coming from and will improve our ability to make informed policy, business, and regulatory decisions.
The publication aims to help sustainability reporters and report readers understand the external assurance of sustainability reporting. In doing so, GRI hopes to clarify and further improve the use of external assurance.
This Standard provides guidance to the auditor when performing an assurance engagement relating to an organisation’s sustainability report. It applies to assurance engagements relating to a sustainability report where the objective of the engagement is to obtain reasonable assurance (an audit engagement), as well as to those whose objective is to obtain limited assurance (a review engagement).
This covers four sustainability projects and plenty of invaluable sample models and project summary documents.
UK brewery Adnams provides a case example for an environmentally-friendly approach to production, packaging, and distribution of its goods.
- Accounting Leaders Call for Carbon Reductions
November 25, 2015 - Accounting Today
- Consultation on Draft Natural Capital Protocol Launched
November 25, 2015 - Natural Capital Coalition
- IFAC Study Shows Accountancy Strongly Linked to Prosperity, Improved Living Standards
November 12, 2015 - IFAC
- Corporate Reporting a Driver for Sustainable Development
November 6, 2015 - The Accountant
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