The Association of International Certified Professional Accountants (the Association) and the World Business Council for Sustainable Development (WBCSD) have joined forces with the aim of helping businesses create sustainable and competitive strategies through improving corporate performance management practices.

The collaboration between WBCSD and the Association will explore performance management practices that help drive long-term business success, identify weaknesses in current systems and processes and look at new ways of solving performance management issues for the modern business era.

The work brings together the strength of the world’s largest member accounting body, its 657,000 members and students, as well as over 200 major business players with a mission to accelerate the transition to a sustainable world.

The Association's Managing Director, CGMA Learning, Education and Learning, Management Accounting, Ash Noah said: “As new and emerging technologies are disrupting traditional business models, finance professionals now need to have a holistic understanding of their businesses to explain insights, explore future scenarios, mitigate risks and assess new opportunities. Our collaboration with WBCSD on Integrated Performance Management will help provide accountants and finance professionals with the tools they need to seize new opportunities, manage new risks and lead transformation across their businesses to create value for all stakeholders.”