Remove Auditing Remove IFRS Remove Manufacturing
article thumbnail

From Chaos to Clarity Smarter Regulatory Reporting for CFOs 

CFO Talks

Mining and manufacturing These industries must report on their environmental impact, worker safety, and financial results. If there are differences, it can lead to problems during audits or inspections. If the data is incorrect or unclear, the company may face penalties or extra audits.

IFRS 52
article thumbnail

A Fresh Look at Ongoing ESG and Carbon Accounting Developments

Bramasol

From a global perspective, the International Sustainability Standards Board (ISSB), which was established by the IFRS in November 2021 at COP26 in Glasgow, has issued its first two standards. IFRS S1 requires companies to communicate the sustainability risks and opportunities they face over the short, medium, and long term.

IFRS 82
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

204: Ehsaan Moosa

CFO Talks

Before joining Komatsu, he was a Senior Manager at KPMG in South Africa and he was responsible for several large audit clients. It’s an international brand, one of the top manufacturers and suppliers of this equipment, who are your typical clients? It’s quite a big business and operates from a R1.3

article thumbnail

Navigating South Africa’s Reporting Maze: What Every CFO Needs to Know

CFO Talks

These include the Companies Act, the Tax Administration Act, the Financial Sector Regulation Act, and the International Financial Reporting Standards (IFRS), among others. These statements must be audited or independently reviewed, depending on the company’s public interest score.

CFO 83
article thumbnail

Are You Ready for "Carbon Accounting"  Compliance?

Bramasol

While these reports represented an important element for communicating a company's corporate-citizenship vision and were also positive public relations initiatives, for the most part they did not contain a lot of hard, auditable data. In the area of climate change, this is often referred to as "carbon accounting".

article thumbnail

Delivering value beyond compliance with ESG reporting

Future CFO

Hence, it is crucial to adopt established standards and frameworks such as the International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards issued by the International Sustainability Standards Board (ISSB), the Greenhouse Gas Protocol and ISO 14064.

article thumbnail

Standards for Carbon Accounting are Beginning to Take Shape

Bramasol

Certain climate-related financial statement metrics and related disclosures in a note to its audited financial statements; and ? ISSB was established by the IFRS Foundation in response to the Glasgow COP 26 conference in November 2021. Information about climate-related targets and goals, and transition plan, if any.