Accounting groups are reacting to the latest reports about the accelerated pace of climate change as global warming reaches record levels. Against the backdrop of the United Nations’ 25th annual Conference of the Parties, or COP25, in Madrid, the International Federation of Accountants published a Point of View on climate action to highlight the role of the global accounting profession in addressing what many experts are calling a “climate emergency.” “Ignoring the impact of climate change is not an option – nor is business as usual,” said IFAC CEO Kevin Dancey in a statement Tuesday. “As instrumental members or advisers of every government, business, and not-for-profit organization, professional accountants must influence and enable the transition to a low-carbon society.”

Accountants work to counter climate change | Accounting Today