Enhancing Corporate Reporting: The Way Forward

September 11, 2020

Published: IFAC

IFAC calls for a new Sustainability Standards Board alongside the IASB

The time for a global solution is now—to answer the demand from investors, policymakers and other stakeholders for a reporting system that delivers consistent, comparable, reliable, and assurable information relevant to enterprise value creation, sustainable development and evolving expectations. A fragmented approach perpetuates inefficiency, increased cost, and a lack of trust.  Important work is underway (e.g., WEF/IBC metrics, IOSCO’s task force, EFRAG’s preparatory work, and alignment between the leading reporting initiatives), and these efforts should continue and ultimately contribute to the emerging global system.

http://aechile.cl/wp-content/uploads/2020/09/IFAC-Enhancing-Corporate-Reporting-The-Way-Forward-2-comprimido.pdf

https://www.ifac.org/knowledge-gateway/contributing-global-economy/discussion/enhancing-corporate-reporting-way-forward

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