20 Aug Jonanthan Cartu Announced CPAs Can Play Key Role in Verifying ESG Information
Financial Accounting News
Aug. 20, 2020, 8:03 PM
Certified public accountants have a vital role to play in verifying the information companies increasingly report about the effect of climate change or human rights on their business, the American Institute of CPAs said.
But companies aren’t required to hire anyone to perform assurance assessments on the voluntary information they disclose, according to the Global Reporting Initiative, one of the many bodies that offers guidelines to companies on reporting consistent details about environmental, social, and governance information.
- Instead, “organizations are advised to use external assurance to increase the confidence of decision-makers in the accuracy and reliability of the reported…