Nearly 5000 delegates from around the world are currently at the ICC in Sydney to attend the World Congress of Accountants until 8 November.

The Chartered Accountants Australia New Zealand team is providing daily insights from selected sessions for those who cannot attend. Here are the coverage highlights from day 2:

Converging reporting frameworks

Ian Mackintosh, Chair, Corporate Reporting Dialogue

Richard Howitt, CEO, International Integrated Reporting Council

Kris Peach, Chair, Australian Accounting Standards Board

Mardi McBrien, Managing Director, Climate Disclosure Standards Board

The Corporate Reporting Dialogue will launch a 'better alignment project' to bring together non-financial reporting frameworks.

The Chair of the Corporate Reporting Dialogue (CRD), Ian Mackintosh, says it has received funding for a project to better align frameworks and metrics. He says. "The goal is to make it easier for preparers and investors to understand."

The project will begin on November 20 and continue over two years. 

Government transformation shaping economic and social change

Sir Bill English, former Prime Minister, New Zealand

Joaquim Levy, Managing Director and Chief Financial Officer, World Bank Group

Sri Mulyani Indrawati, Minister of Finance, Indonesia

Global leaders say accountants have a significant role to play in helping governments of developed and developing countries transform economies and drive social change.

Joaquim Levy, Managing Director and Chief Financial Officer of the World Bank Group, says The World Bank Group has the objective of obtaining the UN's sustainable development goals (SDG) by 2030.