Internal Controls for Sustainability Reporting Using COSO
Published by: ThinkTWENTY20
With the recent rapid changes taking place, corporate reporting which was once focused on financial reporting is now in process of incorporating sustainability reporting, which includes environmental, social and governance matters. The move to reporting on sustainability matters of concern to investors was a major shift and was supported by regulators such as the SEC. This is likely to lead to the next step – integrated reporting, under which financial and sustainability reporting are combined and events and issues reported with a full coverage of their implications for both fields of reporting, a product of integrated thinking, that companies are being encouraged to embrace.