Chartered Professional Accountants of Canada (CPA Canada), one of the largest national accounting organizations in the world, has chosen to become a founding partner of ThinkTwenty20.
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In KPMG’s 2020 Canadian CEO outlook report, it was found that 76 percent of Canadian CEOs agree they need to take a lead role on societal issues, and 64 percent say the pandemic has shifted their focus to the social component of ESG.
A recent article by Roopa Dave, partner in KPMG, on the KPMG website provides good evidence of the growing importance of social and environmental issues in corporate reporting and indeed in their social contract. Significant change took place in 2020. For more, click here.
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In a major step forward for ESG reporting, The European Commission has adopted a proposal for a Corporate Sustainability Reporting Directive (CSRD), to replace its current Non-Financial Reporting Directive (NFRD). The CSRD will require the use of Inline XBRL (iXBRL) and marks a new chapter in environmental, social and governance (ESG) disclosure. It was announced as part of a sustainable finance package intended to foster sustainable activity. For more, click here.
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Some people say that blockchain is to money what HTML (HyperText Markup Language) is to information and XML (Extensible Markup Language) is to data. If so, then financial professionals potentially have a greater responsibility to understanding and overseeing blockchain efforts than they did with the investor relations page and to their XBRL filings. For more . . .
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The Spring 2021 issue is out. It's theme is Blockchain and it digs in
with insightful and informative articles.
A copy can be downloaded here. -
