IFAC releases 2024 global adoption snapshot
The International Federation of Accountants (IFAC) has published its 2024 Global Adoption Status Snapshot, highlighting progress in adopting international standards across member jurisdictions. Building on its 2019 debut, the report celebrates success stories, improvements in quality assurance and disciplinary systems, and explores what drives effective adoption and implementation.
This progress reflects the commitment of IFAC members to the Statements of Membership Obligations. By aligning with these standards and sharing their strategies on IFAC’s International Standards Adoption Map, members reinforce their dedication to integrity, quality, and public trust.
The snapshot also identifies new opportunities for collaboration and connected learning, emphasising the role of global alignment in strengthening reporting within the accountancy profession.
Curious to dive in? The full snapshot is available in this link.
