IFAC Publishes Sustainability & Education Literature Review

The International Federation of Accountants (IFAC) released a literature review, Educating Accountants for a Sustainable Future: A Literature Review of Competencies, Educational Strategies, and Challenges for Sustainability Reporting and Assurance, available on:
https://www.ifac.org/knowledge-gateway/preparing-future-ready-professionals/publications/educating-accountants-sustainable-future?utm_source=Main+List+New&utm_campaign=4e3ca252e4-IFAC-lit-review-alert&utm_medium=email&utm_term=0_-4e3ca252e4-%5BLIST_EMAIL_ID%5D

The review highlights key themes in current sustainability-related education, learning and development to provide insights on how the global accountancy profession can meet stakeholder demands for relevant and reliable sustainability reporting.

The document identifies the new and existing competencies required of professional accountants to provide relevant sustainability-related services; educational strategies to develop them; and the challenges the accountancy education community will face. The literature review also informs IFAC’s decision to make sustainability-related revisions to the International Education Standards, available on:
https://www.ifac.org/news-events/2023-12/ifac-announces-plan-revise-international-education-standards-sustainability-reporting-and-assurance?utm_source=Main+List+New&utm_campaign=4e3ca252e4-IFAC-lit-review-alert&utm_medium=email&utm_term=0_-4e3ca252e4-%5BLIST_EMAIL_ID%5D

The IFAC review will contribute to the forthcoming proposed revisions, expected in Q2 2024.