The 2024 IESBA-IAASB Annual Report highlights a pivotal year as both Boards advanced high-quality global ethics, audit, and assurance standards in support of stronger trust, transparency, and sustainability reporting worldwide. Featuring key messages from the Chairs, the 2024 report showcases major milestones in standard setting, global adoption, and stakeholder engagement.

A worldwide search has launched for volunteers to serve as members on the International Public Sector Accounting Standards Board (IPSASB) for terms commencing January 1, 2027. IPSASB is an independent standard-setting body that serves the public interest by setting high-quality standards for use by public sector entities globally in the preparation of general purpose financial reports.

IFAC's annual review is a key element of our accountability to stakeholders. It includes an overview of IFAC’s IMPACT approach and value creation model, our strategic objectives and performance highlights, and our governance processes.

It draws on integrated reporting principles and concepts as set out in the International Integrated Reporting <IR> Framework.

IFAC's Financial Statements are prepared in accordance with International Public Sector Accounting Standards (IPSAS) and include an independent auditor’s report.

The IAASB Public Report details progress to support the public interest for the year ended December 31, 2021. It explains how the IAASB accelerated efforts in 2021 to serve the public interest in audit and assurance. In doing so, the IAASB focused on topics that have generated the greatest public interest attention, including fraud, going concern, audit evidence, and assurance on sustainability reporting.

Elevating Ethics and Independence Standards for a Complex World summarizes the IESBA's accomplishments for 2020 and 2021. The Report includes the final message from Dr. Stavros Thomadakis in his role as IESBA Chairman and showcases the significant progress that the IESBA has made on behalf of the public interest. It also provides an overview of the IESBA’s extensive stakeholder outreach efforts and information about the Board’s partnership with IFAC to promote awareness, adoption, and effective implementation of the Code. 

IFAC and ClimatePartner have measured the Corporate Carbon Footprint for IFAC. This measurement was based on the guidelines of the Greenhouse Gas Protocol Corporate Accounting and Reporting Standard (GHG Protocol). This report covers the period from December 2019 to December 2020. 

IFAC and ClimatePartner have measured the Corporate Carbon Footprint for IFAC. This measurement was based on the guidelines of the Greenhouse Gas Protocol Corporate Accounting and Reporting Standard (GHG Protocol). This report covers the period from January 2019 to December 2019. 

IFAC and ClimatePartner have measured the Corporate Carbon Footprint for IFAC. This measurement was based on the guidelines of the Greenhouse Gas Protocol Corporate Accounting and Reporting Standard (GHG Protocol). This report covers the period from January 2021 to December 2021. 

IFAC's Financial Statements are prepared in accordance with International Public Sector Accounting Standards (IPSAS) and include an independent auditor’s report.