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Showing 1 - 10 of 191 results for "audit"

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  MONDAY, 29 APR 2024  |  NEWS
... appropriately considered or consulted in the design of the package," he said. "It is also going to put enormous strain on the audit profession at a time when we know many are facing burn out and there is a huge shortfall in auditors to complete existing ...

Upskill needed as mandatory reporting looms

ROSE MARY PETRASS  |  TUESDAY, 9 APR 2024  |  NEWS
... require climate performance to be explicitly considered in financial reporting for the first time," Joanne Gorton, Deloitte audit and assurance managing partner said. "We're committed to helping businesses get ready to meet the proposed requirements. ...

Directors welcome new climate reporting regime

ROSE MARY PETRASS  |  THURSDAY, 28 MAR 2024  |  NEWS
... generational shift that will need to be carefully managed, requiring extensive up-skilling across boards, organisations, the audit profession and the economy as a whole. We need to get this right and encourage a strategic rather than compliance-based ...

Firms wrestle with ESG data challenges

ROSE MARY PETRASS  |  MONDAY, 11 MAR 2024  |  NEWS
... business decisions and meet regulatory reporting guidelines, which lead to preservation and growth of financial value," US ESG audit leader at KPMG LLP Maura Hodge said. Rob Fisher, US ESG leader at KPMG LLP said data is critical in "in driving sustainability ...

ASX companies boosting ESG staff, oversight: Perennial

RACHEL ALEMBAKIS  |  THURSDAY, 8 FEB 2024  |  NEWS
... mandatory disclosures with voluntary ESG and sustainability reporting, O'Neill noted. Perennial also asked companies if they audit their ESG reporting, a new question for this survey. "Increasingly we have seen companies moving from disclosing what they ...

Nature-related disclosures underway

ROSE MARY PETRASS  |  THURSDAY, 1 FEB 2024  |  NEWS
... world's largest asset owners and managers, banks, insurers and leading market intermediaries such as stock exchanges and audit and accounting firms. The list also includes publicly listed companies across geographies and industry sectors representing ...

Accountant ethics board drafts new sustainability benchmarks

ROSE MARY PETRASS  |  WEDNESDAY, 31 JAN 2024  |  NEWS
... Auditing and Assurance Standards Board (IAASB). Both IAASB and IESBA are part of the International Foundation for Ethics and Audit. Development of the benchmarks involved over 140 senior-level representatives from diverse global stakeholders, including ...

China relaunches offsets market, releases biodiversity framework

ROSE MARY PETRASS  |  THURSDAY, 25 JAN 2024  |  NEWS
China's Certified Emission Reductions (CCER) scheme has restarted after a six-year pause, as the country releases its National Biodiversity Strategy and Action Plan. Suspended in 2017 due to low trading volume and lack of standardisation in carbon audits ...

Investors "flying blind" to climate litigation risk

ROSE MARY PETRASS  |  MONDAY, 15 JAN 2024  |  NEWS
Investors and regulators could be liable for trillions of dollars in potential damages from climate lawsuits - but are failing to take this threat into account when evaluating risks to their investments. Investors are focusing on physical and transition ...

ASX tapped to develop Aussie carbon exchange

RACHEL ALEMBAKIS  |  THURSDAY, 11 JAN 2024  |  NEWS
The Clean Energy Regulator has selected ASX as a partner to undertake "exploratory work" on the development of a carbon exchange to launch later this year. The carbon exchange is intended to allow for the trading, clearing and settlement of Australian ...
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