The coronavirus pandemic will have a long-lasting effect on public finances. Governments need the complete picture that modern accounting standards provide in order to navigate the recovery, argues Ian Carruthers.

Stathis Gould, director of advocacy at the International Federation of Accountants (IFAC), explains why integrated Federation of Accountants (IFAC), explains why integrated reporting must serve as the foundational framework for global accounting rules that standardise and track ESG disclosures.

Covid-19 threatens organisations’ ability to generate value. Many businesses are thinking about their purpose, business model, and how to serve stakeholders beyond shareholders alone, comments Stathis Gould, director of advocacy at the International Federation of Accountants (IFAC)

For nearly four centuries, higher education has pushed students to define their role in society.  In a society upended by pandemic, however, the script has been flipped. As many students defer, transfer or simply opt out, it’s the value of education that must be defined for a new era

The fate of small businesses in the COVID-19 crisis will make or break the Zimbabwean economy. The crisis they face deserves the attention of everyone concerned with the lives and livelihoods of the people of Zimbabwe. Progress will depend on how well the public and policymakers understand the...

Alan Johnson, President of the International Federation of Accountants, shares his thoughts on the challenges and opportunities facing the profession, and the priorities for his presidential term.

In a letter that IFAC CEO, Kevin Dancey, recently shared with its 175 global member bodies, he outlines the organisation’s agenda and priorities for sustainability reporting in the year-ahead. Dancey explains why accountants, as the chief stewards of business information, are best suited – and...

The immediate crisis of the pandemic—two million deaths and counting—has raised awareness of the long-term crisis in sustainable value creation (SVC). It may be that unthinkable losses of lives, jobs and wealth have made predictions of future crises feel less abstract. The dire consensus among...

It’s time for a comprehensive scorecard reflecting the right KPIs, argues Russell Guthrie, CFO of the International Federation of Accountants.

[SMEs] need the support of accountants whom they know and trust. Small and midsized accounting practices should be their preferred partners. Why? Because the unfortunate reality is that many SMPs know firsthand what SMEs are going through.