According to the most recent posting by Broc Romanek of CorporateCounsel.net the US SEC is actively moving forward on public company disclosure of sustainability/ corporate social responsibility reporting – also know as “non-financial” – “integrated reporting” -- including disclosing such topics...
Interesting article in the UK’s Financial Director about yearend non-financial reporting required by UK companies as part of the EU mandate for 6,000 + public company requirement to report non-financial information to the capital markets and important stakeholders such as investors. The UK...
Just came back from an accounting conference in London about the United Nation’s Sustainability Development Goals. Management accountants are going to hear more about this global effort and their involvement as this moves toward global adoption in the capital markets and by governments...
Companies use the information to better manage their production and distribution networks, predict when items will need service or repair (using advance analytics techniques), bring greater efficiency to the supply chain, and much more. Many of these capabilities translate to a positive impact on the bottom line
1 Comment - no search term matches found in comments.
IMA – as a global accounting association focused on the mutual dependency of accounting, finance, operations, technology, strategy, standards, ethics and leadership in the value chain – is uniquely positioned to help its members understand and prepare for this evolution. This includes collaboration of the corporate reporting process as well as better management and verification of a company’s supply chain and its relevance to sustainability reporting
Interesting article … Largest democratic country in the world (India) is pushing the largest capital markets country in the world (USA) to have public companies disclose not only financial information but non-financial information to better serve both investors and the public. Including...
Stay tuned as we learn more about how management accountants are helping organizations prepare and implement non-financial reporting and auditing supply chain management related to human trafficking and child labor
Great article in CFO Magazine by Russ Banham on the quickly expanding role CFOs and their finance teams are now assuming beyond the management of financial information critical to the operation of the enterprise they pilot. The Finance team is quickly becoming the “de facto”...
According to CERES - while almost half of the 600 largest U.S. public companies communicate with investors about environmental, social and governance issues, they could be doing a much better job of it. One “constant refrain” heard from investors is that “if a company is not talking about its...
The US SEC Chairman's remarks should be a wake up call for management accountants to become more involved in the concept of non-financial reporting and what their company may need to do including its supply chain for more effective disclosure to better portray the value of the company to its key stakeholders to drive more investment.