VBA and IFVI publish conceptual framework for impact accounting
23 Feb, 2024
The Value Balancing Alliance (VBA), together with the International Foundation for Valuing Impacts (IFVI), has published 'General Methodology 1: Conceptual Framework for Impact Accounting'.
The document, which is the first methodology statement for the impact accounting methodology, sets out the objectives of impact accounting, defines key terms and concepts, and clarifies how impact accounting is connected to topics such as materiality assessments.
The impact accounting methodology will be developed through a system of interrelated statements: general methodologies, topic methodologies and industry-specific methodologies.
Please click to access the document on the VBA website.
