IFRS Foundation adds Hales, Jantzi to ISSB board

The International Sustainability Standards Board is reaching quorum strength with the appointments of Jeffrey Hales, chairman of the Sustainability Accounting Standards Board and an accounting professor at the University of Texas, as a member, along with Michael Jantzi, a member of the board of directors at the Value Reporting Foundation and a former CEO of … Read more

Demystifying the future of the audit

Nobody is safe from change, not even the world of auditing. In audit firms, we’re already seeing discussions related technologies to the people, processes and that will be needed to support the audit of tomorrow. Audit committee members and corporate finance professionals should not only be aware of these ongoing conversations, but also actively participate … Read more

Pathways to Growth: ESG is a golden opportunity

ESG, or environmental, social and governance, is one of the hottest trends in business. Whether imposed and applied internally or externally, ESG practices and standards define how organizations perform in areas like sustainability, resource allocation, diversity and inclusion. If you’re a regular reader, you know my mission is to help CPA firms achieve sustainable growth. … Read more

An $8B ESG market pits EU lawmakers against audit firms

There’s a standoff brewing between European lawmakers and the Big Four accounting firms as they try to lay claim to an ESG market that may generate fees of as much as $8 billion a year. Roughly 50,000 European companies — big and small — will need to hire qualified firms to evaluate their ESG reports … Read more

SASB Standards Board prepares for transition to ISSB

The Sustainability Accounting Standards Board held its final public meeting Wednesday ahead of the consolidation of its parent organization, the Value Reporting Foundation, into the International Sustainability Standards Board by the end of June During the meeting, members of the SASB Standards Board discussed the remaining projects on their agenda and the recommendations they will … Read more

Business leaders think they’re more trusted than they really are

Business executives who assume their companies are highly trusted by consumers are overestimating their level of trust, according to a new survey from PricewaterhouseCoopers. The survey, released Wednesday, found that 87% of business leaders think customers highly trust their companies, but only about 30% of consumers do. In addition, while 84% of business leaders say … Read more