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Showing 91 - 100 of 372 results for "Accounting"

Research flags need for comprehensive ESG reporting

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
... government will merge the three bodies that oversee financial reporting and set reporting standards - the Australian Accounting Standards Board (AASB), the Auditing and Assurance Standards Board and the Financial Reporting Council. Professor Peter Carey ...

Super investment key to decarbonising Australia: ASFA

RACHEL ALEMBAKIS  |  TUESDAY, 5 DEC 2023  |  NEWS
... including fund governance, framing and communicating investment beliefs, portfolio construction and management, risk accounting and management, engagement with investee entities, and disclosure to members," the report said.

Treasury proposes merger of accounting, audit bodies

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023  |  NEWS
... legislation to merge the three bodies that oversee financial reporting and set reporting standards - the Australian Accounting Standards Board (AASB), the Auditing and Assurance Standards Board and the Financial Reporting Council. The new integrated ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... threats of tarnished reputations and legal action. "There is a need for clear, updated guidance from the regulator or accounting bodies as to what constitutes 'reasonable grounds' in the context of climate-related financial disclosure for industry ...

AASB publishes climate-related disclosure standards draft

RACHEL ALEMBAKIS  |  MONDAY, 23 OCT 2023  |  NEWS
... (ASRS) will first focus on climate-related financial reporting, under an exposure draft released by the Australian Accounting Standards Board (AASB). AASB has opened up a 120-day comment period on ASRS 1 General Requirements for Disclosure of Climate-related ...

Connecting capital to nature the next challenge: ASFI

RACHEL ALEMBAKIS  |  FRIDAY, 20 OCT 2023  |  NEWS
... ISS-ESG. Yazbek-Martin said there is a "massive gulf" between innovations in nature positive solutions and natural capital accounting within the scientific community and how the finance sector is able to respond, and she sees the role of ASFI at this ...

Investment in climate tech plummets 40%: PwC

ROSE MARY PETRASS  |  THURSDAY, 19 OCT 2023  |  NEWS
... equity funding going into climate tech continued to rise, from 7% of private market start-up investments in 2018 to accounting for more than 10% in 2023. Notably, while North America and China shifted away from mobility-related start-ups and towards ...

Investing in net zero "makes business sense": Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
... Climate-related Financial Disclosures (TCFD) and the forthcoming International Sustainability Standards Board (ISSB) accounting standards help investors and companies in analysing and disclosing these risks? A: TCFD has been a useful but not a perfect ...

Mandatory climate reporting challenges directors: AICD

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
... start by saying if you think about your balance sheet, which is your statement of financial position, a lot of those accounting estimates do require estimation on a forward-looking basis, even down to the discount rate that you apply. "It shouldn't ...

Does sustainable investing underperform?

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
... equation, sustainable investing portfolios performed at 0.2% lower than the proxy for the US market, and 0.1% lower when accounting for portfolio market risk exposure. In addition, more than 50% of the positive alpha in 2020 is explained by industry ...