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Prince Charles' Accounting for Sustainability Forum has announced that 16 accountancy bodies across the world have agreed on a set of five sustainability principles.
This is the first time that a global group of accountancy institutes has set a guideline of this kind with the principles promoting 'connected reporting.'
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By signing the principles, the participating bodies are hoping to bring sustainability to the forefront of accounting practic and educating future accountancy professionals on its importance and application.
Read the complete article here:
http://www.accountancyage.com/accountancyage/news/2245528/accounting-sustainability-gets
Our opinion:
A good development. Accounting is crucial to every business and so is sustainability. Bringing these two closer together will only make it easier for sustainability topics to be taken more seriously within every business sector. Maybe this could be the start of something very interesting.
Picture Credit: swisscan