- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Maria L. Murphy2023-01-19T17:10:00
Environmental, social, and governance (ESG) reporting is one of the most significant emerging issues affecting financial reporting and the accounting profession.
At the annual AICPA CIMA Conference on Current Securities and Exchange Commission (SEC) and Public Company Accounting Oversight Board developments in December, a panel of partners from the top accounting firms shared perspectives about the state of sustainability reporting and the impact on auditors and their clients.
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Transparency in environmental, social, and governance reporting has become an important goal, with materiality assessments impacting compliance outcomes, experts said during CW’s virtual ESG Summit.
The Deloitte Center for Controllership released new data that indicates confidence levels in environmental, social, and governance financial reporting are low.
The Securities and Exchange Commission is reportedly considering pulling back on key elements of its proposed climate-related disclosure rule following pushback from investors, companies, and the public.
Chinese authorities banned PwC’s Chinese unit from performing audits in the country for six months, labeling the subsidiary’s flawed audit work as complicit in the failure of giant property developer Evergrande.
Erica Williams was reappointed to a second term as chair of the Public Company Accounting Oversight Board after an ambitious first three years in the role that have seen the agency work to update many of its standards deemed outdated.
Software company Autodesk said it won’t restate several years of financial statements following an audit committee investigation into potential accounting misconduct.
