The recent agreement between all 193 UN member states on the 17 Sustainable Development Goals (also referred to as the “Global Goals”) demonstrates a widespread political commitment to dealing with some of the world’s most
The recent IFAC report Enabling the Accountant's Role in Effective Enterprise Risk Management (ERM) highlighted the importance of risk management being a core competency for accountants—for CFOs and finance teams, ERM provides a platform for delivering additional value in business by improving decision making and enhancing the insights and information available to boards and management as they respond to uncertainty.
Le rapport de l’International Federation of Accountants (IFAC), Optimiser l’apport des comptables à la gestion des risques d’entreprise, met l’accent sur l’importance de la gestion des risques d’entreprise (GRE) et sur le rôle de premier plan que peuvent jouer dans ce domaine les comptables, les chefs des finances et les fonctions Finances. Nous estimons que les professionnels comptables ont aujourd’hui la possibilité d’accroître l’efficacité de la GRE dans leurs organisations. Pour cela, ils doivent être considérés comme des experts en risques, ouverts sur l’extérieur et capables de fournir des informations précieuses pour alimenter une gestion des risques et des opportunités qui aidera les organisations à créer de la valeur et à la préserver.
IFAC’s new ERM report highlights both it's importance and the contribution of accountants, CFOs and finance functions in leading ERM practice.
Four key actions CFOs and their finance teams can consider to enable integrated reporting in their organizations.
A lack of confidence in non-financial information is hindering its utility for users assessing an organization’s performance and potential for long term value creation—using their knowledge of management and process control, professional accountants can do much to improve confidence in the non-financials.
The launch of the Natural Capital Protocol should spark professional accountants to help businesses respond to natural capital impacts and dependencies—the sustainability of organizations, economies, and societies depends on it.
Integrated reporting continues to gain global momentum and help change the way businesses think about creating value over time—but it is integrated thinking that will ultimately change corporate behavior and lead to more resilient organizations and greater trust in business and government.
Since the launch of the International Integrated Reporting Framework at the end of 2013, global momentum of Integrated Reporting is promising. However, to achieve wide scale adoption, the Integrated Reporting movement needs the leadership of financial professionals.
Research shows that integrated thinking and reporting can have a positive impact on the type of investors your company attracts—those who are in it for the long-term and looking for sustainable value creation.