IFAC: Accountants Should Act Now on Climate Reporting
The International Federation of Accountants is calling on accountants around the world to take a more active role in climate-related reporting. In “Corporate Reporting: Climate Change Information and the 2021 Reporting Cycle,” which IFAC issued on Monday, the group urges the profession to take a...
Top Lessons for Small Practices Podcast
Small and midsized accountants were crucial to their clients around the world over the past year, say IFAC experts Chris Arnold and Monica Foerster, but they had to change their own practices to keep up.
IFAC responds to proposed amendments to the constitution of the IFRS Foundation
The International Federation of Accountants (IFAC) has welcomed the proposed amendments to the constitution of the IFRS Foundation, which should allow the future International Sustainability Standards Board (ISSB) to establish IFRS standards for sustainable development.
IFAC believes that, thanks to...
Accounting Professionals Development & Training
In this exclusive interview for ICMA Pakistan Management Accountant Journal, IFAC's Director of Accountancy Education, Helen Partridge, explains IFAC's approach to assisting the global accounting profession through education.
Accountability Index and Levelling up
In this week's episode, we're joined by Ian Carruthers to discuss the latest CIPFA/IFAC Accountability Index, as well as Jeffrey Matsu (CIPFA, Chief Economist) and Ben Franklin (Centre for Progressive Policy, Head of Research) to explore levelling up.
Study Shows Lack of Standardization in Sustainability Reporting and Assurance
Global practices for sustainability reporting and assurance over that information—including the prevalence of assurance, level of assurance, and standard and practitioner used—varies widely by jurisdiction, according to a new study from the International Federation of Accountants (IFAC) and the...
Brak Standaryzacji w Weryfikacji Informacji Dotyczących Zrównoważonego Rozwoju
Global practices for sustainability reporting and disclosure certification – including the prevalence and level of attestation and the standards and type of verifier – vary significantly from jurisdiction to jurisdiction, argues a new report by the International Federation of Accountants (IFAC) and...
Assurance Durable : Une Nouvelle Étude met en Évidence le Manque de Normalization
A global comparative study by the International Federation of Accountants (IFAC) and the Association of International Certified Professional Accountants (AICPA) highlighted significant differences between countries in sustainability assurance.
Global Sustainability Assurance Practices Lack Standardization
Global practices for sustainability reporting and assurance over that information — including the prevalence of assurance, level of assurance and standard and practitioner used — varies widely by jurisdiction, according to a new study from the International Federation of Accountants, the Association...
Low-Quality Assurance of ESG Reports Pose Stability Risk: IFAC
Only 51% of companies back up their reports on sustainability with assurance, a study of 1,400 companies by the International Federation of Accountants (IFAC) found, warning that low-quality assurance is an "emerging investor protection and financial stability risk."