IFAC, TI-UK, and WEF’s PACI Review of Anti-Corruption Reporting Published
At a time when companies, investors, and financial markets are calling for increased transparency and accountability for anti-corruption efforts, the International Federation of Accountants (IFAC), Transparency International UK (TI-UK) and the World Economic Forum’s (WEF’s) Partnering Against Corruption Initiative (the Forum’s PACI) has published a comprehensive review of anti-corruption corporate reporting by the largest publicly traded companies worldwide.
The report decodes the current state of anti-corruption reporting practices and highlights the urgent need for enhanced quality, reliability, and comparability in this crucial area. It also raises a series of policy questions around jurisdictional differences, comparability, governance, and the completeness and reliability of the information provided.
To access the full report, visit the IFAC website on: