Tuesday, October 13, 2009

Regulators urged to create standard for climate-change reporting

According to a report by the Association of Chartered Certified Accountants, regulators should create a single, international standard for climate-change reporting. Accountants have a valuable role in climate-change strategy, such as helping in evaluating the returns on low-carbon investment proposals, advising employers and clients on emissions-trading regimes, developing organization-relevant carbon and greenhouse-gas key performance indicators, and providing disclosure of information through annual reports and accounts. (Read the article "ACCA: Accountants Should Work on Climate Change Reporting" on WebCPA and the AICPA business brief on companies going green.)