2020 IFAC Integrated Annual Review

Jul 28, 2021 | Annual Reports and Plans

IFAC's annual review is a significant element of accountability to member organizations, the Forum of Firms, and other key stakeholders. It provides an overview of IFAC, including governance and stakeholder engagement, strategic objectives, value creation process, and performance highlights.

2020 was an exceptionally difficult year by any standard. And yet, all around the world, people rose to the occasion in ways big and small to meet the challenges brought about by COVID-19. The accountancy profession responded quickly to support our public interest mandate, and the people, communities, businesses, and economies we serve. IFAC is proud to say we did the same.

We thank IFAC’s many stakeholders for the collaborative relationships that contributed to the successes described in this report, especially our member organizations, the Forum of Firms, and Network Partners, as well as our Board, volunteers, and staff. 


Copyright © 2022 The International Federation of Accountants (IFAC). All rights reserved.


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