Action plan to fight corruption

A new action plan to help accountants fight corruption and economic crime has been issued by the International Federation of Accountants.

The action plan sets out more than 30 specific actions for IFAC and the accountancy profession related to education, evidence-based policy, global standards, partnerships and thought leadership.

IFAC CEO Kevin Dancey said: “Corruption and related economic crimes, such as money laundering, bribery, tax evasion and fraud, are significant obstacles to economic growth and human development and, ultimately, to achieving the UN Sustainable Development Goals—all seventeen of them.”

In welcoming the plan CIPFA CEO Rob Whiteman emphasised:“Corruption exists in all global economies. Creating an environment in which corruption cannot survive is key, and I believe IFAC’s action plan will bring us one step closer to achieving this. Public sector finance professionals are dedicated to tackling corruption and economic crime and this new plan will support them in doing this.”

To see the action plan go to: https://www.ifac.org/knowledge-gateway/building-trust-ethics/publications/ifacs-action-plan-fighting-corruption-and-economic-crime