IFAC Recommendations for the Turkish G-20 Presidency, 2015
Oct 20, 2015 | Comment Letters
The International Federation of Accountants (IFAC) has today submitted 12 recommendations for endorsement by the Group of Twenty (G-20), urging action on issues impacting the G-20 priorities of robust, inclusive growth.
IFAC’s 12 recommendations focus on:
- Good governance and regaining trust in key public and private sector structures, frameworks, and organizational and regulatory arrangements;
- Globally consistent, good regulation, that enables, promotes, and does not hamper growth and good governance;
- Resolving poor financial management, transparency, and accountability that persists in many G-20 countries and beyond; and
- A transparent, fair, and effectual international taxation system, and the need for collaboration and inclusiveness in implementing reforms.
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