Contributing to the Global Economy
Enhancing Corporate Reporting: The Way Forward
September 11, 2020
IFAC calls for a new Sustainability Standards Board alongside the IASB
The time for a global solution is now—to answer the demand from investors, policymakers and other stakeholders for a reporting system that delivers consistent, comparable, reliable, and assurable information relevant to enterprise value creation, sustainable development and evolving expectations. A fragmented approach perpetuates inefficiency, increased cost, and a lack of trust. Important work is underway (e.g., WEF/IBC metrics, IOSCO’s task force, EFRAG’s preparatory work, and alignment between the leading reporting initiatives), and these efforts should continue and ultimately contribute to the emerging global system.




Useful Articles
Interested in learning more?
Read about the global drive for sustainability standards and IFAC's role.
Join the Conversation
To leave a comment below, login or register with IFAC.org