IFAC offers online resource center for accountants

The International Federation of Accountants unveiled a web page Tuesday that presents reports, documents, case studies and other materials with information that can be useful for practitioners.

IFAC's online collection, Professional Accountants as Business Leaders and Value Partners, explains how accountants can help drive sustainability at their organizations. The materials aim to help accountants understand and navigate challenges and opportunities as finance and business leaders, risk managers and analysts, and in wider commercial roles including in procurement and supply chain management. 

The new resource center includes materials on mainstreaming sustainability in business, the future-ready CFO and finance function, data and digitalization. Case studies are available from a wide range of organizations, including Olam Agri, Reliance Industries, Standard Chartered Bank, Sime Darby Berhad, Omron, Prudential Financial, Pakistan International Airlines and more.

"To elevate their contribution as value partners, professional accountants must focus on activities and actions that enable value creation for organizations, customers, society and other stakeholders," said IFAC. "This involves leading or enabling digitalization and transformation initiatives, as well as ensuring sustainability objectives are integrated in and aligned to business priorities and decisions."

Courtesy of IFAC