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2019 IFAC Integrated Annual Review


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For IFAC and the accountancy profession, 2019 was full of accomplishments. We sharpened our voice, focused on the issues, and supported our member organizations in new and innovative ways. We developed clear, concise, and bold Points of View on pressing issues for the profession, continued the conversation on how to help professional accountants and member organizations prepare for the future, and fulfilled our commitment to support global standard setting in the public interest.

The COVID-19 pandemic has not interrupted our progress, but added greater urgency to many of the issues we’ve been tackling and presented both new challenges and opportunities. Time will not stop for the world to recover. The full impact of the pandemic might not be known for years, but measuring, analyzing, and reporting to support good decision making will be the difference between a strong recovery and a weak recovery. Now more than ever, the role of the accountancy profession is clear and indispensable, and so is our commitment to the public interest.

We look forward to continued partnerships with our member organizations, the Forum of Firms, and other key stakeholders, as we launch the accountancy profession into a new decade.

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