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IASB does not plan standards on sustainability reporting

IASB does not plan standards on sustainability reporting

Hans Hoogervorst, chair of the International Accounting Standards Board (IASB), has indicated the board intends to play a role in developing climate-change related financial reporting, but will not move in to standard setting in this area.

  • Shared by Accountancy Daily
  • April 04, 2019
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He cautioned against exaggerated expectations for sustainability reporting as a catalyst for change in the absence of policy and political intervention.

Read more at Accountancy Daily.

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