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IFAC releases action plan to tackle economic crimes and corruption

The International Federation of Accountants (IFAC) has published an action plan to help the accountancy profession tackle economic crime and corruption.

The Action Plan for Fighting Corruption and Economic Crime sets out more than 30 specific actions for IFAC and the accountancy profession related to education, evidence-based policy, global standards, partnership, and thought leadership.

The global accountancy profession is a “central ally” in the fight against corruption and economic crime, according to IFAC CEO Kevin Dancey.

“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…

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