In The News

A string of high-profile corporate failures and frauds in Asia has called into question the role of the auditors and prompted calls for the profession to be reformed. This falls in line with a global trend of audit reform and a need to adapt to the changing requirements of corporates.

Global challenges — from the pandemic to climate change — have underscored the importance of creating a more sustainable world. As governments seek to address environmental and social issues, however, they face a crisis of trust. And that lack of trust threatens the key resource at any government’s...

The International Federation of Accountants teamed up with the Institute of Chartered Accountants in England and Wales on the latest installment of an educational series aimed at combating money laundering, and launched a new site dedicated to helping government entities adopt accrual accounting in...

IFAC has launched an online resource to the international standards developed by the International Audit and Assurance Board, the International Ethics Standards Board for Accountants and the International Public Sector Accounting Standards Board. Along with the standards are the references and...

The International Federation of Accountants (IFAC) published in December 2021 its vision for high-quality assurance of sustainability information.

The International Federation of Accountants and the Association of Chartered Certified Accountants are marking Climate Week in New York City by urging accountants to get more involved in climate information reporting.

The International Federation of Accountants (IFAC) has released 'Four themes, two actions, one goal: G20 Call to Action 2021' urging G20 leaders to continue their commitment to sustainability, inclusion, prosperity, and global collaboration.

IFAC defined two key actions for G20 leaders to focus on as COVID-19 persists: supporting the IFRS Foundation's initiative on sustainability standards, and championing public financial management. Commitment to these two actions, which build on the four priorities laid out in IFAC's 2020 G20 Call to...

The International Federation of Accountants (IFAC) has defined two key actions for G20 leaders to focus on as Covid-19 persists: supporting the International Financial Reporting Standards (IFRS) Foundation’s initiative on sustainability standards and championing public financial management.

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...