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The International Federation of Accountants and the International Bar Association are partnering on an initiative to combat corruption, ahead of the gathering of global leaders at the G20 summit in Buenos Aires later this year. The two organizations have signed the IBA and IFAC Anti-Corruption Mandate to emphasize the role of business and government in safeguarding a fair and transparent future for all. They are also involved in the B20, a group of 20 business leaders from around the world in Buenos Aires ahead of the G20 summit. “Grounded in a strong ethical code, professional accountants across the globe play a critical role in the fight against corruption, bringing essential transparency, relevance and integrity to the systems that underpin vibrant economies,” said IFAC CEO Fayezul Choudhury in a statement. “We are proud to partner with the IBA to highlight and advance the role of our global professions in serving the public interest now and in the future.” Courte...

The International Federation of Accountants ( IFAC ) and the Chartered Institute of Public Finance and Accountancy ( CIPFA ) have announced that they have begun building up an index that will reflect the extent of accrual accounting and adoption of International Public Sector Accounting Standards ( IPSASs ) around the world. The index will initially be populated with research data on individual countries and regions, collected by various international institutions. National standard-setters will be invited to review, comment upon, and supplement the information, after which the first set of data will be made available in November 2017.