The International Financial Reporting Standards Foundation may present a proposal to the United Nations in November for setting up a global sustainability standards board.
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Feed SubscriptionIMA CEO sees 6 ‘megatrends’ for accountants this year
Institute of Management Accountants president and CEO Jeff Thomson is predicting six major developments in the finance and accounting profession this year.
Read More »IRS finalizes rules for claiming carbon capture tax credits
The Internal Revenue Service and the Treasury Department released final regulations Wednesday on how businesses can claim a tax credit for use of carbon capture equipment to help the environment.
Read More »Sustainability groups come together on prototypes of disclosure standards
Five organizations released prototypes Friday of climate-related financial disclosure standards to illustrate how they could work within their various approaches.
Read More »IFAC endorses international sustainability standard-setting board
The International Federation of Accountants reiterated its call this week for an international sustainability standards board under the purview of the International Financial Reporting Standards Foundation.
Read More »Biden plans to nominate Janet Yellen for Treasury
The former Fed chair would be the first woman to head the Treasury, bringing a seasoned central banker to the nation’s top economic policy job as the coronavirus pandemic threatens another U.S. downturn.
Read More »Accountants worried about environmental and social issues
An ACCA report finds accountants deeply concerned about ESG matters.
Read More »SASB expands into standards for internet content moderation and human capital
The Sustainability Accounting Standards Board is moving beyond environmental issues and more into the areas of social and governance reporting.
Read More »AICPA teams with GRI, SASB on sustainability assurance
The American Institute of CPAs has received an increasing number of questions on sustainability assurance engagements.
Read More »SEC reduces disclosures of legal proceedings, climate change and human capital risks
The changes represent probably the biggest overhaul of Regulation S-K disclosures in more than three decades.
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