International Federation of Accountants

EU Legislative Interests

Legislation linked to globally relevant issues such as Corporate Reporting (Accounting Directive; Corporate Sustainability Reporting Directive/ESRS; Transparency Directive; IFRS; ESEF; ESAP, etc ) ; Audit &Assurance (Statutory Audit Regulation and Directive; ISAs, etc) ) Ethics, Corporate Governance (CSDDD), Education( professional Qualification Directive) , Public Sector, Technology and AI (Digital Service Act; Digital Market Act/EU Cybersecurity Act; DORA, etc), International cooperation and development/Capacity Building, which require global coordination

Communication Activities

IFAC focusses its communication efforts at global level, focusing on issues of relevance for the global accountancy profession, where coordination between the global and EU level is needed.

Interests Represented

Promotes their own interests or the collective interests of their members

Member Of

IFEA (International Foundation for Ethics and Audit); Business at OECD; IOSCO, OECD INFE (International Network on Financial Education), ICGN

Organisation Members

Our members and associates consist of over 188 professional accountancy organizations (PAOs) in more than 143 jurisdictions.* Our total membership represents millions of professional accountants across the globe. see https://www.ifac.org/who-we-are/membership In addition, the breadth of IFAC’s work would not be possible without the valuable support of its global network. IFAC Network Partners include, but are not limited to, groupings of professional accountancy organizations united around commonalities, such as culture, language, proximity, trade, etc. Each grouping has a unique history, undertakes specific activities to serve its members, and plays a valuable role supporting the development of the accountancy profession, facilitating the adoption and implementation of international standards, and providing leadership on matters affecting the profession. The criteria under which an IFAC Network Partner may be recognized by IFAC and the obligations for that organization are set forth in the Policy Statement—IFAC Network Partners. Network partners-Professional Accountancy Organizations: Accountancy Europe* Arab Federation of Accountants and Auditors ASEAN Federation of Accountants Association of Accountancy Bodies of West Africa Comité de Integración Latino Europa-América/Latin Integration Committee of Europe and the Americas (CILEA) Confederation of Asian and Pacific Accountants* European Federation of Accountants and Auditors for SMEs (EFAA) Fédération des Experts-Comptables Mediterranéens Fédération Internationale des Experts Comptables et Commissaires aux Comptes Francophones Institute of Chartered Accountants of the Caribbean Interamerican Accounting Association* Pan African Federation of Accountants* South Asian Federation of Accountants * Regional organizations Other IFAC Network Partners Association of Corporate Treasurers GAVI, the Vaccine Alliance and The Global Fund to Fight AIDS, Tuberculosis and Malaria (joint Memorandum of Understanding) International Bar Association International Financial Reporting Standards Foundation International Organization of Supreme Audit Institutions The Institute of Internal Auditors Value Reporting Foundation