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IFAC issues guides on sustainability and governance.

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The professional accountants in business (PAIB) committee of the International Federation of Accountants (IFAC) has produced a framework illustrating how a commitment to sustainabitity can help a company to improve its products or services, motivate staff, reduce costs and enhance its reputation.

The framework is based on four perspectives: business strategy; internal management; financial investors; and other stakeholders. It challenges conventional ways of thinking about economic, social and environmental achievements. It also promotes "sustainability leadership" throughout the management cycle--from making and executing strategic decisions to reporting on performance. The framework is web-based and allows users to choose the issues most important to their roles. It can be accessed free at www.ifac.org/paib.

The PAIB committee has also released an international guidance document entitled "Evaluating and improving governance in organizations"...

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