In The News

A new tax survey of 5,900 people in14 countries across the globe –with majority of the participants in developing countries, including Nigeria and Kenya, revealed that; trust in tax systems is lower when taxpayers perceive higher levels of corruption and diversion of public funds.

ISLAMABAD-Taxpayers’ attitudes about paying taxes correlate closely with perceived levels of corruption, according to a major new study, Public Trust in Tax, by accountancy bodies ACCA and the International Federation of Accountants (IFAC). A global survey focusing on 14 developing economies...

Progress Needed on Climate Liability Risk and Third-Party Audits, Say G20 Report

Taxpayers’ attitudes about paying taxes correlate closely with perceived levels of corruption, according to a major new study, Public Trust in Tax, by accountancy bodies ACCA and the International Federation of Accountants (IFAC).

The Association of Chartered Certified Accountants (ACCA) and the International Federation of Accountants (IFAC) study of public trust in tax was rolled out across 14 countries, surveying 5,900 people – many in developing economies, and published in September.

It found that trust in the tax system...

The International Federation of Accountants (IFAC), Gavi, Vaccine Alliance and the Global Fund to Fight AIDS, Tuberculosis and Malaria officially launched major accounting capacity building programmes in Ghana and Burkina Faso.

The programmes will build the capacity of the accounting profession in...

The International Federation of Accountants (IFAC) issued Action Plan for Fighting Corruption and Economic Crime in September 2022 to enhance the accountancy profession’s contribution to, and support of, a robust anti-corruption ecosystem.

IFAC recently issued a call-to-action titled Championing an Integrated Mindset to Drive Sustainable Value Creation encouraging business leaders to promote and enable an integrated mindset to drive trust and sustainable value creation. At its core, an integrated mindset is about improving the quality...

In a diversity, equity, and inclusion (DE&I) study in the MENA region’s accounting profession, 63 percent of women across each of the surveyed MENA regions report experiencing behaviors they perceive to be rooted in bias against people like them. 83 percent of respondents with a disability and 53...

IOSCO welcomes work by the IAASB and IESBA to develop assurance and ethics standards for sustainability-related corporate reporting.