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Equipping professional accountants for sustainability

The International Federation of Accountants has developed a concise resource to guide accounting professionals and organisations to build the skills and capabilities for sustainability data analysis, reporting and assurance.

Equipping professional accountants for sustainability
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This publication sets out four key areas where accountants need to update their knowledge to meet the growing demand for high-quality sustainability-related information. It speaks to the vital role accountants play in producing reliable sustainability-related data, reporting and assurance, as well as the importance of education and training in ensuring professional accountants are able to meet society’s needs.

Much of what accountants already do is transferable to sustainability; however, new topics and challenges require new ways of thinking and working. The framework aims to help professional accountants as well as professional accountancy organisations close any gaps between known and needed technical expertise, business acumen, behavioural competence, and ethics and professional values.

Download the two-page document from IFAC.

This article originally appeared on the IFAC Knowledge Gateway. Copyright © 2024 by the International Federation of Accountants (IFAC). All rights reserved. Used with permission of IFAC. Contact permissions@ifac.org for permission to reproduce, store, or transmit this document. 

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