At its March 2022 virtual meeting, IFAC’s Professional Accountants in Business Advisory Group considered the key global trends impacting the accountancy profession.
Countries around the world are searching for ways to shift capital investments into activities that support the transition to a more sustainable, low-carbon economy. To finance that massive change, investors and regulators are looking to the sustainable debt market as an important vehicle in raising funds to finance projects that advance environmental, social and governance (ESG) objectives.
The International Federation of Accountants (IFAC) works with our valued member organizations, network partners, and others to facilitate the translation of content, including standards and supporting materials from the standard-setting boards, IAASB, IESBA, and IPSASB, in almost 50 languages. In 2021, with the help of 36 different organizations, we developed 159 translations in 24 different languages.
Professional accountants must think disruptively to help their organizations respond to unprecedented challenges and uncertainty. IFAC’s Professional Accountants in Business (PAIB) Advisory Group explores how professional accountants add value to theirorganizations and to society. A new report, Global Priorities for Professional Accountants in Business and the Public Sector, compiles key insights and learnings from the advisory group’s recent meeting.
The report features the accountant’s and the profession’s role in:
Sanjay Rughani, IFAC PAIB Advisory Group Chair, said: “We need to think differently to drive sustainability and create value during this time of deep uncertainty and unprecedented trading and economic conditions. By sharing our learnings as a global profession, we can support professional accountants to engage in higher value actions and inform strategic decisions.”
New PAIB Advisory Group report explores key global trends impacting professional accountants as CFOs and Business Leaders
The IFAC SMP Advisory Group (SMPAG) is pleased to respond to the IESBA Exposure Draft on Proposed Revisions to the Code Relating to the Definition of Engagement Team and Group Audits.
