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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. Read More
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Considers the evolving risks and materiality of natural capital and argues that including natural capital issues in corporate materiality and risk assessments creates better-informed decision making by an organization and its stakeholders; an enhanced and more comprehensive risk-management process; and an increased ability to realize strategic opportunities.
This report demonstrates the lack of a standardized business case for considering biodiversity and ecosystem issues, and the lack of awareness among the accounting and business communities of natural capital issues. It also explores the accountancy profession's important role in raising awareness of the business case, and developing new valuation, accounting, and reporting approaches.
- How to Succeed at Sustainability (And Why Greenwashing Doesn´t Work)
September 15, 2016 - Forbes
- Climate Looms Large on Investment Risk Radar
September 9, 2016 - In the Black
- Bringing Business on Board: New Protocol Unveiled at IUCN Congress
September 7, 2016 - Huffington Post
- Climate Disclosure Standards Board Shortlisted for Finance for the Future Award
August 31, 2016 - Climate Disclosure Standards Board
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