IFAC In The News

 

Biznes June 29, 2021

Lack of standardisation in the verification of sustainability information

Brak Standaryzacji w Weryfikacji Informacji Dotyczących Zrównoważonego Rozwoju

Global practices for sustainability reporting and disclosure certification – including the prevalence and level of attestation and the standards and type of verifier – vary significantly from jurisdiction to jurisdiction, argues a new report by the International Federation of Accountants (...

Le Monde du Chiffre June 28, 2021

Sustainable Insurance: New Study Highlights Lack of Standardization

Assurance Durable : Une Nouvelle Étude met en Évidence le Manque de Normalization

A global comparative study by the International Federation of Accountants (IFAC) and the Association of International Certified Professional Accountants (AICPA) highlighted significant differences between countries in sustainability assurance.

CFO Dive June 24, 2021

Low-Quality Assurance of ESG Reports Pose Stability Risk: IFAC

Only 51% of companies back up their reports on sustainability with assurance, a study of 1,400 companies by the International Federation of Accountants (IFAC) found, warning that low-quality assurance is an "emerging investor protection and financial stability risk."

Accountancy Today June 24, 2021

Lack of Standardization in Sustainability Assurance, says IFAC

A recent study by the International Federation of Accountants (IFAC), in partnership with the AICPA and CIMA (representing the Association of International Certified Professional Accountants), has found a lack of standardization in sustainability assurance globally.

allAfrica June 24, 2021

Africa: Gavi and the Global Fund Sign Groundbreaking Agreement With International Federation of Accountants to Support in-Country Financial Management

Global health leaders Gavi, the Vaccine Alliance and the Global Fund to Fight AIDS, Tuberculosis and Malaria have joined forces with the International Federation of Accountants (IFAC) to contribute to, and support, the implementation of robust accounting practices in the public health...

Accounting Today June 24, 2021

Accountants support global vaccine effort

IFAC will work with Gavi and the Global Fund to contribute to, and support, the implementation of robust accounting practices in public health and to improve the overall financial management of donor funds by countries receiving those funds. Under the memorandum of understanding that the...

Monitor Daily June 24, 2021

Global Sustainability Assurance Practices Lack Standardization

Global practices for sustainability reporting and assurance over that information — including the prevalence of assurance, level of assurance and standard and practitioner used — varies widely by jurisdiction, ...

The Accountant Online June 24, 2021

Study Reveals Lack of Standardization in Sustainability Assurance

Global practices for sustainability reporting and assurance over that information varies widely by jurisdiction, according to a study from IFAC and the AICPA & CIMA (representing the Association of International Certified Professional Accountants).

Journal of Accountancy June 23, 2021

ESG Assurance: An Emerging Opportunity for CPAs

In Europe and other parts of the world, many organizations are required to report on ESG information, and a significant portion of ESG assurance is being performed by an audit firm or an affiliated provider, according to ...

Accounting Today June 23, 2021

Sustainability Assurance Seen as Full of Inconsistencies

Sustainability reporting standards, as well as assurance services to verify that reporting, vary widely across jurisdictions and individual practitioners and require better standardization, according to a new report.

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