IFAC

🌍 The International Federation of Accountants (IFAC) and Accountancy Europe reaffirm their commitment to high-quality and consistent sustainability assurance. Achieving this requires a collective effort by all stakeholders, robust professional standards, and regulatory consistency.   “It is absolutely critical for investor and consumer protection that practitioners outside of the audit profession are held by jurisdictional regulators to the same regulatory oversight, disciplinary responsibility and requirements that apply to professional accountants”, said Lee White, IFAC CEO. “When sustainability and financial data align, companies present a clearer, more consistent narrative to the market, enabling stakeholders to make effective and sustainable decisions. Statutory auditors are also well placed to provide assurance on sustainability reporting to support information’s connectivity”, said Eelco van der Enden, Accountancy Europe CEO. 📰 👉 Read the press release here: https://bit.ly/4iWmwWW

🌍 Small- and medium-sized practices around the world are looking to more effectively attract and retain talented staff. Our new article, by CECCAR member Marcel Vulpoi, tells one firm’s success story. 👉 Read here: bit.ly/4iJ6HTc

IFAC’s Call to Action—Prepare for Implementation 📢 With the revised International Education Standards (IESs) set to take effect July 1, 2026, IFAC encourages all stakeholders to begin preparing now. 🔹 Resources Available: Fact sheets, FAQs & Basis for Conclusions 🔹 Webinars: Join us for insights & Q&A! 📅 April 29, 16:00 UTC – Register here: https://bit.ly/41P5Glf 📅 April 30, 7:00 UTC – Register here: https://bit.ly/41Qpa9a IFAC members can also request permission to translate the standards into their local languages via the IFAC website. 💡 Stay ahead & equip future professionals for success. Learn more: https://lnkd.in/eaES6vva #AccountingEducation #Sustainability #ProfessionalDevelopment #IFAC #IES

🌍 Yesterday, IFAC CEO Lee White had the honor of joining Business at OECD (BIAC)’s Knowledge Partner event at the OECD - OCDE’s Global Anti-Corruption and Integrity Forum on "New Ways to Combat Corruption". He participated in a panel discussion focused on making integrity a core tenet of corporate culture in the fight against corruption. A strong accountancy profession is essential to combating corruption. That’s why IFAC’s Action Plan for Fighting Corruption and Economic Crime focuses on: 1️⃣ Harnessing the full potential of education & professional development with our members 2️⃣ Strengthening policy & stakeholder engagement to promote strong anti-corruption policies with global policymakers, regulators, and enforcement agencies such as OECD, Financial Action Task Force (FATF), International Bar Association, and B20 South Africa 3️⃣ Empowering individual accountants to be champions of integrity with resources, toolkits, and initiatives 🗨️ Lee White said, “Trust is particularly important to the accountancy profession. It is both what we do—we create trust in financial and sustainability information—and it is the basis of our work—we need to be trusted to fulfill our role. This trust places an enormous responsibility on our profession to act with integrity, bridge the gap between governments and society, and uphold the highest standards of ethics.” 🤝 Thank you, Business at OECD (BIAC), for the opportunity to collaborate again!

🌍 IFAC 2024 Global Adoption Status Snapshot 🌍   We hope you’ve enjoyed our deep dive into the 2024 International Standards Adoption Snapshot!   ✨ IFAC’s work in monitoring and reporting adoption is just one way we help drive global implementation and adoption. We also contribute to the standard-setting process with technical input & awareness raising, maintain and secure intellectual property rights, offer targeted implementation support, and collaborate with donors to empower capacity-building projects worldwide.   📈 For over 20 years, our global adoption reporting and data have been powered by the Member Compliance Program, a longstanding initiative that helps IFAC members collaborate with key stakeholders to boost the credibility of the profession. This program has supported accountancy organizations worldwide, enhancing professional quality and integrity. 📜🌍 See a list of IFAC Member Organizations here: https://bit.ly/41Vd7HT   By joining IFAC, professional accountancy organizations commit to upholding high standards through the Statements of Membership Obligations (SMOs). Participation provides ongoing guidance for continuous improvement and showcases members' progress in meeting these standards. IFAC members are recognized as champions of integrity, quality, and the public interest.   🗺️🔗 IFAC’s global adoption snapshot is just that – a snapshot in time. For details of each IFAC member jurisdiction real-time progress in the adoption of international standards, visit IFAC’s International Standards Adoption Map: https://bit.ly/3PEEcJn 👉🔗 Access the full report here: https://bit.ly/4hbDTBQ

🌟 ICAEW President Malcolm Bacchus and IFAC President Jean Bouquot at ICAEW's Annual Dinner 🌟 It was a pleasure for IFAC to join this prestigious event, celebrating the outstanding achievements of the global accounting profession. A big thank you to ICAEW for the invitation and for hosting such a memorable evening!

Curious about a day in the life of an accounting student? 🤔 Join us as we take you behind the scenes with Kevin Naylor from Cape Town, South Africa! Kevin is a first year accounting student at Stellenbosch University and a member of our Young Leaders Collective. If you are a young accounting professional who would love to share your story on our page, please send us a message! #IFAC #Accounting #YoungLeadersCollective #DayintheLife

🌍 Final Reminder for Nominations: IFAC’s Global Leadership Award! 🏆 Know a leader who’s made a significant impact on the accountancy profession? Nominate them by March 31, 2025! 🔗 Submit nominations: https://lnkd.in/ezFhxr8E

📢 IFAC at the OECD Global Anti-Corruption & Integrity Forum! 🌍✨ This Wednesday, IFAC CEO Lee White will be speaking at Business at OECD (BIAC)'s Knowledge Partner event to the OECD - OCDE Global Anti-Corruption and Integrity Forum on "New Ways to Combat Corruption." He will join a distinguished panel discussion on "Making Integrity a Core Tenet of Corporate Culture," moderated by Delia Ferreira Rubio, Former Chair, Transparency International. Panelists include: Massimiliano Burelli, CEO, Cogne Acciai Speciali S.p.A. Domenico Traverso, President of the Fluid Conveyance Division, Danfoss Power Solutions Cecilia Müller Torbrand, CEO, Maritime Anti-Corruption Network (MACN) Network 👉🔗Click to watch the event here: https://bit.ly/4iYxcUD We look forward to an engaging discussion and valuable insights from this important event!

🌍🌱 Yesterday, IFAC CEO Lee White took part in the Ministerial Conference on ‘Financial and Sustainability Reporting Reforms: Navigating Green and Digital Agendas,’ organized by our preeminent partner, The World Bank Centre for Financial Reporting Reform (CFRR), and hosted by the Austrian Ministry of Finance in Vienna. Lee shared the floor with Saskia Slomp, Gernot Nettinger, and Dritan Fino in a session on ‘Sustainability Reporting Across the Public and Corporate Sector,’ moderated by Arturo Herrera.   Lee spoke about his views on: - The critical implementation of standards; - How assurance—particularly the new International Standard on Sustainability Assurance (ISSA) 5000—can ensure quality in reporting and help safeguard trust in corporate disclosures; - Equipping the next generation of accountants with the necessary skills and the role of IFAC and its members in integrating sustainability assurance into core competencies; - The European Commission’s announced simplification agenda.   🗨️ Lee White said, “We are living in a world with very fast-moving international relations. Among these turbulences, the accountancy profession remains united and provides a harbor of stability. This is one of our key strengths.”   🤝 This was also an incredible opportunity to engage with our members from the Western Balkans, Eastern Europe and Austria, ACCA, CIPFA, and Accountancy Europe.   🗨️ “This is a real testament that IFAC, by uniting and connecting its members, makes the accountancy profession truly global. I also want to acknowledge the fantastic work of all our volunteers from the region at the global level: Jelena Misita, Ardiana Bunjaku, and Anastasija Boljević. A very special thank you for your passion and dedication!” Lee White said. Novica Vuković Dorotea Rebmann, Institut Österreichischer Wirtschaftsprüfer:innen Aslan Milla, KSW – Kammer der Steuerberater:innen und Wirtschaftsprüfer:innen Saftar Valizada, Chamber of Auditors of the Republic of Azerbaijan (CAAR) Vahid Novruzov, CAAR Anastasija Boljević, Institute of Certified Accountants of Montenegro Nenad Tortevski, MSc., ИОРРСМ Институт на овластени ревизори на РСМ / ICARNM Institute of Certified Auditors Levan Sabauri, Georgian Federation of Professional Accountants and Auditors Edona Perjuci, SCAAK ShKÇAK Ardiana Bunjaku, SCAAK Natalia Zlatina, ACAP Iain Murray, CIPFA Nuriyya Novruzova, APFM Jelena Poljasevic, AAARS David Wray, International Ethics Standards Board for Accountants (IESBA) Vinko Nikic, ICAM Ülgen Coskun, CIPFA Sarah Gagnon Cecile Bonino-Liti Sotiraq Dhamo, IKM - Albanian Institute of Certified Accountants Tatul Movsisyan, CAA Sinisa Mutic, AAARS Jelena Misita, UAAFWFBH Vikas Aggarwal, ACCA Svitlana Zubilevych, Ukrainian Federation of Professional Accountants and Auditors (UFPAA) Valentina Legka, UFPAA Michelle Cardwell Bosko Vidakovic, Chamber of Authorized Auditors Dejan Mikerevic Paul Gisby