IFAC In The News


Forbes June 17, 2021

Improving Accountability Around The World Through Accruals

The Index analyzes data from across 165 jurisdictions to understand the accounting bases and frameworks used in public sector financial reporting, specifically with a view to track the adoption of accrual reporting. By providing a comprehensive view of government finances, accrual...

Accountancy Today June 17, 2021

50% of governments to report on accrual basis by 2025, says CIPFA

The report was drawn from the IFAC Index, which captures current and future use of public financial reporting bases and frameworks by governments around the world. The index found that while 30% of governments report on an accrual basis in 2020 (an increase of 6% since 2018), 50% will...

CFODive.com June 1, 2021

CFOs' Essential Role in Promoting Employee Mental Health

For professional accountants, mental health issues heighten the risk of not identifying errors in financial reports or spotting indicators of fraud. In this recent article, Russell Guthrie, CFO of the International...

This Day May 21, 2021

How Accountancy Profession Will Help Achieve Nigeria’s Digital Future

To the consumer, digital transformation might appear seamless: new services and products appear all the time, and with the push of a button we discover new levels of convenience and efficiency. But behind every success story is hard work, careful planning, and constant adaptation. Given...

International Banker March 15, 2021

Sustainable Value Creation and the Professional Accountant

The immediate crisis of the pandemic—two million deaths and counting—has raised awareness of the long-term crisis in sustainable value creation (SVC). It may be that unthinkable losses of lives, jobs and wealth have made predictions of future crises feel less abstract. The dire consensus among...

International Accounting Bulletin March 8, 2021

Corporate and Sustainability Reporting – A Look Ahead

In a letter that IFAC CEO, Kevin Dancey, recently shared with its 175 global member bodies, he outlines the organisation’s...

Accountancy Ireland February 8, 2021

Bringing the future into focus

Alan Johnson, President of the International Federation of Accountants, shares his thoughts on the challenges and opportunities facing the profession, and the priorities for his presidential term.

The Sunday Mail November 8, 2020

Partnerships, digitalisation crucial for small businesses

The fate of small businesses in the COVID-19 crisis will make or break the Zimbabwean economy. The crisis they face deserves the attention of everyone concerned with the lives and livelihoods of the people of Zimbabwe. Progress will depend on how well the public and...

Accountancy Age September 23, 2020

Universities are adapting, so must accountancy education

For nearly four centuries, higher education has pushed students to define their role in society.  In a society upended by pandemic, however, the script has been flipped. As many students defer, transfer or simply opt out, it’s the value of education that must be defined for a new era...



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