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The International Auditing and Assurance Standards Board sets high-quality international standards for auditing, assurance, and quality control that strengthen public confidence in the global profession.
The International Accounting Education Standards Board establishes standards, in the area of professional accounting education, that prescribe technical competence and professional skills, values, ethics, and attitudes.
The International Ethics Standards Board for Accountants sets high-quality, internationally appropriate ethics standards for professional accountants, including auditor independence requirements.
The International Public Sector Accounting Standards Board develops standards, guidance, and resources for use by public sector entities around the world for preparation of general purpose financial statements.
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The importance of sustainability and corporate responsibility continue to gain recognition; indeed, organizations that embrace sustainability can enhance their reputation with stakeholders and their value. The intersection of business and sustainability has three key dimensions: economic viability, social well-being, and environmental responsibility. Accountants work in this area to help embed sustainability factors into an organization’s strategy and decision-making processes to achieve sustainable value creation. Read More
Presentation by Richard Spencer (ICAEW) at the natural capital summit Valuing our Life Support Systems 2014, November 6-7at the British Library in London.
Resources to get you started in the area of sustainability.
Published in the January 2015 MIT Sloan Management Review, which is the sixth annual global survey of sustainability practices shows a four-year downward trend in strong CEO commitment to sustainability.
The Guide was developed in cooperation with different members of the B@B Platform. Its objective is to help companies understand what is meant by NCA for business and to help them select NCA approaches suitable for their specific circumstances. The Guide is accompanied by a NCA Decision-matrix Tool which has been developed as part of this Workstream. This interactive tool links 11 NCA approaches to a series of questions about the companies’ interconnections with biodiversity and the environment.
Instead of buying and owning products, consumers are increasingly interested in leasing and sharing them. Companies can benefit from the trend toward “collaborative consumption” through creative new approaches to defining and distributing their offerings.
WACF guides the development of Australian Water Accounting Standards (AWAS) to ensure they remain cohesive and integrated.
This web page provides guidance on the Environmental Profit and Loss Account (EP&L) which places a financial value on environmental impacts along the entire value chain of a business to help companies combine sustainability metrics with traditional business management.
- ‘Socially Responsible’ Investing has Beaten the S&P 500 for Decades
May 21, 2015 - MarketWatch
- ICAI Issues Norms for CSR Accounting by Companies
May 21, 2015 - Times of India
- Can Sustainability Standards Build Stronger Businesses and Better Informed Investors?
May 7, 2015 - Forbes
- Corporate Reporting Giants Publish Reporting Framework Navigation Tool
May 6, 2015 - Environmental Leader
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