Deloitte comment letter on Accountancy Europe's paper on interconnected standard-setting
Deloitte has commented on Accountancy Europe's paper describing and calling for a global solution to interconnected standard-setting that can meet the need for reliable, consistent information in non-financial reporting that is interconnected with financial reporting.
We welcome the paper as a constructive contribution to the global debate of how non-financial reporting could be harmonised and connected with financial reporting. We agree that there is a need for a global solution in view of the global flow of capital and the urgent need to address issues such as climate change which have no borders. We urge capital market regulators and multi-lateral authorities to engage urgently in putting a robust global systemic solution in place.
Our full comment letter can be downloaded below.
