Tag: Assurance and Internal Controls

New insights into “what investors want” with respect to non-financial information shows a need for enhancing credibility

Geneva, Switzerland 5 November 2018: Today, the World Business Council for Sustainable Development (WBCSD) and PwC released a new report focused on what investors need in order to make decisions that consider non-financial information – that is, information outside of financial statements including environmental, social and governance (ESG) metrics. The report, titled “Enhancing the credibility […]

Accountancy Europe and WBCSD analyze ways to strengthen sustainability assurance practices

Today, Accountancy Europe and the World Business Council for Sustainable Development (WBCSD) published a new report analyzing various ways to strengthen assurance practices related to corporate reporting on nonfinancial/sustainability information. Geneva, Switzerland, 15 May 2018: This important development comes on the heels of the EU nonfinancial reporting directive, which requires over 6,000 EU companies to disclose nonfinancial risks and […]

IAASB and WBCSD’s New Collaboration leads to further Sustainability and Integrated Reporting

New York, U.S., 22 November 2017: The International Auditing and Assurance Standards Board (IAASB) has agreed to collaborate with the World Business Council for Sustainable Development (WBCSD) – to strengthen international assurance standards on sustainability reporting.   The collaboration supports WBCSD’s Redefining Value program and its objective to incorporate sustainability reporting within mainstream reporting, while ensuring external reporting follows […]