The International Federation of Accountants (IFAC) has provided a series of recommendations for consideration by the G20 at its meeting on 3-4 November 2011 in Cannes, France. IFAC recommends that the G20 consider the following three objectives: 1) urgent and fundamental work to consider the nature of institutional change in public sector financial management, transparency, and accountability; 2) global regulatory convergence; and 3) development of integrated reporting.