Related news

• Webinar on the benefits and challenges of integrated reporting

• May 13, 2013

• In its series of webinars on a variety of topics provided free of charge for members and non-members, the Canadian Institute of Chartered Accountants (CICA) is offering a webinar on the International Integrated Reporting Council (IIRC)'s consultation draft of an International Integrated Reporting Framework.

• SASB publishes exposure drafts on financial sector sustainability reporting

• May 09, 2013

• The United States Sustainability Accounting Standards Board (SASB) has released proposed sustainability accounting standards for the financial sector.

• Free access to research papers in renowned accounting journals

• May 02, 2013

• In an effort to promote accounting research, the publisher Taylor & Francis Online has pulled together four freely available collections of research papers on currently much debated issues. The topic groups are: 'International Financial Reporting Standards', 'Sustainability in Accounting', 'The Financial Crises', and 'Accounting Education'.

• Study on the state of integrated reporting and sustainability reporting in the United States

• Apr 30, 2013

• The Investor Responsibility Research Center Institute (IRRCI), a not-for-profit organisation funding objective research focused on corporate governance and responsibility, has released a report 'Integrated Financial and Sustainability Reporting in the United States' showing that every company in the S&P 500 except one reports some form of sustainability disclosure. However, even though sustainability reporting as such is widespread, extent, quantification and connectivity can still be much improved.

• INCR consults on uniform listing requirements for ESG disclosure

• Apr 22, 2013

• The Investor Network on Climate Risk (INCR), a network over over 100 institutional investors, has published a consultation paper containing recommendations for the integration of environmental, social and governance (ESG) disclosure requirements into the listing rules of the world's stock exchanges. The paper seeks to lead to the implementation of uniform mandatory disclosure requirements that would be applied by entities listed on stock exchanges adopting the requirements. The INCR expects to submit a final document for consideration to the World Federation of Exchanges (WEF) annual meeting to be held in October 2013.

• European Commission proposes ESG disclosure for large companies

• Apr 17, 2013

• The European Commission has published proposed amendments to European accounting legislation in order to require certain large companies to provide additional information on social and environmental matters. These companies would need to disclose information on policies, risks and results as regards environmental matters, social and employee-related aspects, respect for human rights, anti-corruption and bribery issues, and diversity on the boards of directors.

• IIRC publishes 'Consultation Draft' on integrated reporting

• Apr 16, 2013

• The International Integrated Reporting Council (IIRC) has released the Consultation Draft of its proposed International Integrated Reporting (<IR>) Framework. The draft Framework seeks to create the foundations for a new reporting model to enable organisations to provide concise communications of how they create value over time.

• Updated AASB staff carbon accounting paper published

• Apr 10, 2013

• The Australian Accounting Standards Board (AASB) has published a updated staff paper on possible accounting treatments for the Australian carbon pricing mechanism under current Australian Accounting Standards.

• IIRC publishes background papers in lead up to consultation draft of integrated reporting framework

• Mar 18, 2013

• The International Integrated Reporting Council (IIRC) has published on its website 'background papers' on two aspects of integrated reporting (stylised as '<IR>'): the concepts of 'capitals' and 'materiality'. The papers are a precursor to the publication of a consultation draft of the IIRC's Integrated Reporting Framework, which is expected in mid-April 2013.

• FEE comments on the IIRC 'prototype' framework

• Mar 15, 2013

• The Federation of European Accountants (Fédération des Expert comptables Européens, FEE) has sent a letter to the International Integrated Reporting Council (IIRC) providing high level feedback on the finalised 'prototype' of the IIRC's integrated reporting framework. Among other points, FEE also comments on the question of assurance in connection with integrated reporting.

• UK task force report calls for sustainability reporting tools and metrics

• Mar 13, 2013

• The United Kingdom Ecosystem Markets Task Force (EMTF) has published a final report on the business opportunities arising from valuing nature correctly. The report includes a cross cutting theme that better tools and metrics are needed to understand the role nature plays in businesses, calling for "tools and metrics that will integrate financial, environmental, social and governance information in a concise, consistent and comparable format".

• US SASB publishes exposure drafts on health care sector sustainability reporting

• Mar 04, 2013

• The United States Sustainability Accounting Standards Board (SASB) has released proposed sustainability accounting standards for the health care sector.

• IIRC and GRI agree to cooperate

• Mar 04, 2013

• The International Integrated Reporting Council (IIRC) and the Global Reporting Initiative (GRI) have announced that they have entered into a memorandum of understanding (MoU) which seeks to formalise the principles for ongoing cooperation, coordination and alignment between the two organisations.

• An Australian perspective on the distinction between financial and integrated reporting

• Mar 04, 2013

• The Australian Financial Reporting Council (FRC) has released an updated paper exploring the interaction of financial reporting and integrated reporting. The paper concludes that in the FRC's view, integrated reporting is complimentary to, rather than a replacement for, financial reporting.

• ACCA outlines policy positions on public sector reporting

• Feb 14, 2013

• The Association of Chartered Certified Accountants (ACCA) has released an updated paper outlining its policy positions on a range of themes for public services. In addition to a number of other themes, the paper supports the use of accrual accounting and sustainability reporting in the public sector, and puts forward policies and recommendations in these areas.

• Sustainability and integrated reporting update

• Feb 11, 2013

• A summary of recent developments in sustainability and integrated reporting, including news, research reports and other topics.

• IASB and IIRC announce cooperative agreement

• Feb 07, 2013

• The International Accounting Standards Board (IASB) and International Integrated Reporting Council (IIRC) have announced a Memorandum of Understanding (MoU), where both organisations will strengthen their cooperation on the development of the IIRC's integrated corporate reporting framework.

• Integrated reporting update

• Jan 18, 2013

• The International Integrated Reporting Council (IIRC) has issued a newsletter with updates on progress on its integrated reporting initiative, including the timing of the issue of an exposure draft and background papers. The IIRC has also effectively confirmed that it and International Accounting Standards Board (IASB) are working together to create a Memorandum of Understanding between the two bodies.

• GRI launches new 'Focal Point' in South Africa

• Jan 10, 2013

• The Global Reporting Initiative (GRI) has opened a new 'Focal Point' in South Africa, which is designed to act as a regional hub with the main aim of facilitating and promoting the active engagement of African organisations in the development of sustainability reporting regionally and globally.

• IFAC policy paper on governance, risk management, and internal control

• Dec 17, 2012

• The International Federation of Accountants (IFAC) has issued Policy Position Paper 7, 'Effective Governance, Risk Management, and Internal Control', to highlight good practice and the role of professional accountants in business.

• A4S publishes research report on sustainability

• Dec 17, 2012

• The Prince of Wales’ Accounting for Sustainability Project (A4S) has published the outcomes of research into which types of information may be most effective in driving the integration of environmental and social factors into board level decision making.

• The Group of Friends of Paragraph 47 issues its Charter, encourages other governments to join

• Dec 11, 2012

• The Group of Friends of Paragraph 47, formed by the governments of Brazil, Denmark, France and South Africa during the Rio+20 conference in June 2012, has published its Charter. The group is named for paragraph 47 of the outcome document of the conference which acknowledged the importance of corporate sustainability reporting.

• CPA Australia guide to assurance on sustainability reporting

• Dec 06, 2012

• CPA Australia has released a new guide, which introduces sustainability reporting and provides guidance on assurance engagements for sustainability reports performed in accordance with ASAE 3000 'Assurance Engagements Other Than Audits or Reviews of Historical Financial Information'.

• Another exchange joins SSE initiative

• Dec 06, 2012

• MCX Stock Exchange (MCX-SX), based in Mumbai India, has signed the voluntary commitment to the United Nation’s Sustainable Stock Exchanges (SSE) initiative to promote long-term sustainable investment and improved environmental, social and corporate governance disclosure and performance among companies listed on its exchange.

• EFRAG draft comment paper on emissions trading schemes

• Dec 05, 2012

• The European Financial Reporting Advisory Group (EFRAG) has issued a draft comment paper discussing the need for accounting guidance on emissions trading schemes.