МФБ призывает «Группу двадцати» сосредоточить внимание на двух ключевых действиях - в которых глобальная бухгалтерская профессия является твердым партнером, - которые продвинут иглу в направлении устойчивости, инклюзивности и процветания.

L'IFAC appelle le G20 à se concentrer sur deux actions clés, où la profession comptable mondiale est un partenaire fortement engagé, qui feront avancer les choses en matière de durabilité, d'inclusivité et de prospérité.

As the global voice of the accountancy profession, IFAC releases Points of View (POVs) on key policy issues impacting the accounting profession and the whole of society. These POVs are well-researched tools available for anyone to use in gaining an understanding of crucial topics affecting our world and potentially influencing policies that affect us all.

To make its POVs more accessible to its global constituency and their stakeholders, IFAC has published all seven of its POVs, originally only available in English, into four additional languages: Arabic, French, Russian, and Spanish.

"From improving public sector transparency with data-driven decisions to providing investors with high-quality and trustworthy sustainability information, these POVs cover a broad range of topics of critical importance to professional accountants worldwide,” said Kevin Dancey, IFAC CEO. “These translations will improve the ability of professional accountants to make an impact in their companies and jurisdictions.”

The topics covered in the POVs are:

Enhancing Corporate Reporting: Corporate reporting should capture all relevant information about organizations. However, investors and other stakeholders are demanding more, higher-quality information and insights about company performance, risks, opportunities, and long-term prospects, especially with respect to sustainability-related matters, than are available from the conventional financial reporting process.

Greater Transparency and Accountability in the Public Sector: This POV explores how governments can use the resources they have to have to make informed, data-driven decisions with strong governance and public financial management (PFM) and how the accountancy profession can work with the public sector to help deliver a more sustainable, inclusive, and prosperous future for all. 

Embracing a People-Centered Profession: The accountancy profession is first and foremost a profession made of people—individuals and teams working collaboratively and collectively. This POV explores the connection between the people in the accountancy profession, the core components of the profession (education, professional judgment, ethics, values) and the profession’s commitment to the public interest.

Maintaining Trust & Confidence During a Crisis: Maintaining trust and confidence during a crisis is the fastest path to recovery after a crisis. This POV explores the key roles that regulators, the global accounting profession and those charged with governance have to play in maintaining trust.

Achieving High-Quality Audits: High-quality audits of financial statements are essential to strong, sustainable organizations, financial markets and economies. All participants in the audit and assurance ecosystem must act to improve the audit process, and we outline how.

Climate Action: Climate change is an urgent, global, and systemic issue that can threaten the sustainability of organizations, markets, and economies. This POV outlines how to embrace climate action and be part of the solution.

Fighting Corruption and Money Laundering: The consequences of corruption are significant and widespread, from direct costs to individuals and society, to encouraging criminal behavior and undermining trust in institutions. Grounded in a strong ethical code, professional accountants across the globe play a critical role in the fight against corruption.

Access the POVs here in each language.

About IFAC

IFAC is the global organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC is comprised of 180 members and associates in 135 countries and jurisdictions, representing more than 3 million accountants in public practice, education, government service, industry, and commerce.

يدعو الاتحاد الدولي للمحاسبين مجموعة العشرين إلى التركيز على إجراءين رئيسيين - حيث تكون مهنة المحاسبة العالمية شريكًا ملتزمًا بشدة - من شأنها تحريك الإبرة نحو الاستدامة والشمولية والازدهار.

تظل الأولويات الأربع الواردة في دعوة الاتحاد الدولي للمحاسبين لعام 2020 محورية لبناء مستقبل أفضل. سيتطلب تحقيق ذلك جهودًا متضافرة من صانعي السياسات والشركات والمنظمات الأخرى والمستثمرين والأفراد.

IFAC pide al G20 que se concentre en dos acciones clave, donde la profesión contable global es un socio fuertemente comprometido, que moverán la aguja hacia la sostenibilidad, la inclusión y la prosperidad.

The SMPAG supports the IAASB’s current standard-setting projects underway. They believe the Audits of Less Complex Entities project should be a priority for the Board and welcome the significant progress that has been made and the forthcoming consultation on the draft standard. They also noted their preference on prioritization of 8 projects that the IAASB is considering.

IFAC is dedicating our second annual virtual summit to sustainability and helping professional accountants do different things with the skills and competencies they already have in their toolbox.

Our three-day summit in October will focus on the demand for organizations to act and the needs and perspectives of investors, regulators and public interest entities. It features speakers with global expertise in sustainability, environmental, social, and governance (ESG), integrated and sustainability reporting, sustainability-related investor needs, and more. It will help professional accountants, and the professional accountancy organizations that support them, understand—and take action to meet—growing demands for sustainability services from the public and private sector.

  Register Here

 New Platform

Taking advantage of the virtual world, this year’s summit will take a place in a new platform built for virtual conferences by the American Accounting Association. The platform features an exhibit hall available 24 hours a day, conference chat function, speaker backgrounds and Zoom integration. Keynotes and sessions will also include live interpretation in French, Russian, and Spanish. Video recordings for sessions will also be available on the IFAC website following the event.

Agenda

• Tuesday, October 12: The demand for organizations to act
  • 8:00 am EST-10:15 am EST
  • Keynote speakers: Helle Bank Jorgensen and Mirtha Kastrapeli
  • Case study: Forico
• Wednesday, October 13: Investors’ Perspective on Accountants’ Role
  • 8:00 am EST-10:45 am EST
  • Panel: public and private sector employers’ needs & perspectives, featuring Fastly and Robinhood board member, Future Generations Commissioner (Wales), Korn Ferry (global recruiter), and The Luxury Network (Singapore)
  • Case studies with KPMG and Black Sun
• Thursday, October 14: Public Interest Entities’ Perspective on Accountants’ Role
  • 8:00 am EST-11:00 am EST
  • Panel: the needs of public interest entities, featuring speakers representing regulators, audit oversight, reporting, and the development community
  • Panel: Ensuring A Long-Term Sustainable Profession Through the Lens of Early Career Accountants

Additional details will be published in IFAC Events as speakers are confirmed.

A 2021 joint report from Association of Chartered Certified Accountants (ACCA), Chartered Accountants Australia and New Zealand (CA ANZ), and the International Federation of Accountants (IFAC) finds a fall in public support for international tax collaboration despite recent corporation tax agreement. 

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 Action, is central to building a better future.

“For society to transition out of the COVID-19 pandemic in a more sustainable, inclusive, and prosperous position than we entered it, we need a concerted effort from global policymakers and the accountancy profession,” said CEO Kevin Dancey. “To seize these opportunities, we must act now.”

To strengthen global economies, societies, and the environment, as well as tackle challenges resulting from the COVID-19 pandemic, IFAC calls on G20 leaders to:

1. Support the IFRS Foundation Initiative on Sustainability Standards:

Achieving a more sustainable and inclusive economy with the necessary speed requires mobilizing the private sector and governments to work together. The G20 Finance Ministers and Central Bank Governors have identified the critical role of high-quality and comparable data and disclosures in mobilizing sustainable finance. The B20 Finance & Infrastructure Task Force recognizes the same. Momentum is growing around developing a global baseline of sustainability standards, with the IFRS Foundation poised to deliver. IFAC strongly supports this crucial work.

2. Champion Public Financial Management:

At the heart of public sector transparency and integrity—and prosperity for all individuals—is public financial management (PFM). A robust PFM system means that resources are appropriately allocated against public policy objectives that are in the public interest. Governments must endeavor to achieve the most with the resources they have, while minimizing loss through waste, fraud, or corruption—high quality PFM makes this happen. IFAC calls on the G20 to set an example for all jurisdictions worldwide in championing a continued focus on high-quality PFM.

Read IFAC’s full 2021 G20 Call to Action here and learn more about the accountancy profession’s role in enhancing corporate reporting during IFAC’s 2021 EdExchange: Leading Sustainability virtual summit October 12-14.

About IFAC
IFAC is the global organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC is comprised of 180 members and associates in 135 countries and jurisdictions, representing more than 3 million accountants in public practice, education, government service, industry, and commerce.