IFAC Welcomes New Advisory Group Members from 15 Jurisdictions By connecting and uniting its members, IFAC makes the accountancy profession truly global. Our advisory groups play a vital role in connecting the global accountancy profession by bringing together diverse expertise and perspectives from our membership and leading accounting and finance professionals. By fostering collaboration and innovation, these groups help us shape the future of the profession, ensuring it remains globally connected and commi...

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IAASB and IESBA Unveil New Standards and Guidance to Strengthen Sustainability Reporting and Assurance The International Auditing and Assurance Standards Board (IAASB) and the International Ethics Standards Board for Accountants (IESBA) today launched an integrated effort to support effective implementation of their landmark standards aimed at advancing trust and transparency in sustainability reporting and assurance. Taken together, the IAASB and IESBA sustainability-related standards, as well as the new IESBA standard on using the work...

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IPSASB Issues Amendments Related to Specific IFRIC Interpretations The International Public Sector Accounting Standards Board (IPSASB®), developer of IPSAS® Standards, international accrual-based accounting standards for use by governments and other public sector entities around the world, has issued Amendments to IPSAS Standards: Specific IFRIC Interpretations. Amendments to IPSAS Standards: Specific IFRIC Interpretations is the result of the IPSASB’s IFRIC Alignment – Narrow Scope Amendments project, which revie...

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