Feb. 17 Event Will Mark Progress on Global Standards Related to Sustainability Disclosures for Investors
NEW YORK/LONDON (Jan. 19, 2023) --AICPA & CIMA, which together form the Association of International Certified Professional Accountants, will be key sponsors of the first IFRS Sustainability Symposium, which will be held next month in Montréal.
AICPA & CIMA’s role as the Feb. 17 event’s platinum sponsor reflects their continued commitment to fostering high quality sustainability accounting and reporting through guidance and professional development resources, as well as their support for clear and globally consistent reporting standards developed by such relevant bodies as the International Sustainability Standards Board (ISSB), the sustainability standard-setter within the IFRS Foundation.
The IFRS Sustainability Symposium, which will be held at the Palais des congrès de Montréal, is designed for global business leaders, investors and policymakers. It will focus on numerous topics, including:
The prospect for adoption of the proposed IFRS Sustainability Disclosure Standards
The challenges involved in promoting sustainability disclosure within emerging economies and small and medium-sized companies
Integrated reporting best practices and use cases
“Sustainability is a key strategic area for AICPA & CIMA and the global accountancy profession as a whole,” said AICPA & CIMA CEO Barry Melancon, CPA, CGMA. “The development of globally accepted, comprehensive and robust sustainability disclosure standards will support the transition to more responsible business practices, enhance the reliability of ESG-related disclosures and place long-term value creation at the heart of corporate activities and reporting. Investors and lenders are demanding clear and consistent measurement and disclosure information, backed by rigorous assurance, and the IFRS Sustainability Symposium will provide a good measuring stick of the progress we’ve made so far.”
Melancon will participate in a panel discussion on integrated reporting during the event. More information can be found in the symposium’s agenda.
To learn more about AICPA & CIMA’s sustainability efforts, please visit aicpa.org/esg.