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Public Policy & Regulation

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As the global organization representing the accountancy profession, IFAC is uniquely positioned to research and represent the views of the profession and its stakeholders. IFAC is committed to being the voice of the global profession and to taking a leadership position on public interest issues where the accountancy profession’s expertise is most relevant. These areas include: international regulatory convergence; global adoption of high-quality international reporting and professional standards; standard-setting in the public interest; sustainability and integrated reporting; SMP and SME matters; and public sector reporting and transparency.

Formal policy positions are issued as Policy Position Papers. IFAC submits Comment Letters and recommendations to global and regional organizations, such as The Group of Twenty (G-20), the European Commission, and the IFRS Foundation. IFAC Officers also promote the views and policy positions of the profession through speeches and representation at various international forums, meetings and conferences.