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IFAC: New Guide on importance of nature to accountants
- 16 April 2025
- Regulatory Compliance and Legislation
- South African Accounting Academy
Summary:
The Global Accounting Alliance (GAA) proudly launched IFAC's guide: ‘Why nature matters to accountants: a guide to building resilience and value through nature-positive action.
Article:
This guide is a crucial resource for accountants to integrate nature-related issues into their work, enhancing business resilience and value. Accountants can play a key role in helping their organizations and clients to navigate a way forward.
This guide provides accountants working in business and practice with the necessary foundational knowledge and practical actions to start engaging other stakeholders, where needed.
By reading this guide, accountants will gain foundational knowledge on why nature matters to their professional roles, and practical actions they can take to integrate nature into their day-to-day work.
The guide explores what is meant by the term “nature”, why nature is important to the accountancy profession and the financial impact of nature-related issues. It also provides role-specific practical guidance on steps you can take to integrate nature into your work.
Click here to download the 89-page Guide:
Relevance to Auditors, Independent Reviewers & Accountants:
- It is important to stay informed on publications issued by the regulators and standard-setters, e.g. IFAC.
- This guide can assist accountants to integrate nature into their day-to-day work.
- Accountants should understand why nature is important to the accountancy profession and the financial impact of nature-related issues.
Relevance to Your Clients:
- It is important to stay informed on publications issued by the regulators and standard-setters, e.g. IFAC.
- Accountants in business should understand why nature is important to the accountancy profession and the financial impact of nature-related issues.