IFAC FOCUS AREAS
- Accountability. Now.
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- Global Representation and Advocacy
- Professional Accountants in Business
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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
Accountants Are Going to Save the WorldDuring a storm in the Pacific Ocean in 1992, a sea container with 28,800 rubber ducks fell overboard from ship travelling from China to the US. The toys were carried by winds and ocean currents, and eventually washed up on shores in North America...
by Berry Wammes, Executive Director, Royal Nederlandse Beroepsorganisatie van Accountants | November 15, 2016
Integrated Reporting: An Emerging OpportunityIntegrated reporting, and specifically the multiple capital model that drives the quantitative core of the reporting framework, opens entirely new avenues for accountants to deliver value to internal and external users.
by Dr. Sean Stein Smith DBA, CMA, CPA, CGMA, CFE, Assistant Professor of Professional Practice, Rutgers University | November 14, 2016
Global Supreme Auditors Convene to Tackle UN Sustainable Development Goals in Abu Dhabi, December 7-11, 2016Auditors-General, IFAC, the OECD, Word Bank and others will convene at the International Organization of Supreme Audit Institutions (INTOSAI)’s 22 nd annual international conference in Abu Dhabi from December 7-11, 2016, to discuss the UN’s 2030...
by Vincent Tophoff, Senior Technical Manager, IFAC | October 11, 2016
Understanding a Business’ Impacts, Dependencies on the Natural WorldLast month, the Natural Capital Protocol launched to great fanfare at Chartered Accountants Hall in London. The Protocol is a standardized framework for business to identify, measure, and value their direct and indirect impacts and dependencies
by Mark Gough, Executive Director, Natural Capital Coalition | September 20, 2016
News and Resources
There are 870 news/resources
Project and Investment Appraisal for Sustainable Value Creation
IFAC - August 14, 2013
Principles for Effective Business Reporting Processes
IFAC - January 17, 2013
Climate Change: New Global Recommendations for Corporate Reporting
Institute of Chartered Accountants in England and Wales - January 17, 2017
The Importance of Sustainability Accounting and Reporting in Assessing a Firm: A Student’s Perspective
Accounting Today - January 12, 2017
Carrot Outweighs Stick for U.S. Sustainability Reporting
Bloomberg BNA - December 30, 2016
What Happened at COP22 in Marrakech? Four Key Themes
Carbon Trust - December 6, 2016
The Reporting Exchange Is Live: Helping You Make Sense of the Sustainability Reporting Landscape
Climate Disclosure Standards Board - December 6, 2016
Standing Rock Protest: Finding the Long-Term Solution
Forbes - November 28, 2016
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