Accountancy Without Borders: Global Standards Achieving Worldwide Adoption

2018-11-12 - 11:00

Transparent, high-quality international standards are essential pillars of the global financial architecture. Their adoption and implementation improve the availability of high-quality financial information for stakeholders, investors and the public, which result in greater economic growth, development, and accountability.

The 2017 Global Status Report is a first-of-its-kind report utilizing information collected through the IFAC Member Compliance Program to measure progress in adoption of international accountancy standards and highlight the essential role of professional accountancy organizations (PAOs) in strengthening economies through the adoption and promotion of these best practices.