Corporate Reporting


The European Federation of Accountants (FEE) published a discussion paper, Key Issues in Sustainability Assurance—An Overview, encouraging the International Federation of Accountants to develop an international standard for sustainability assurance ( www.fee.be ). FEE said such a standard would improve auditors’ ability to assess corporations’ reports on the effectiveness of their efforts to minimize any negative social or environmental consequences of their economic and financial activities. Because corporate sustainability reports can significantly affect a company’s public image, the completeness and accuracy of their contents are indispensable. FEE reviewed the current standards of France, Germany, the Netherlands and Sweden, and identified a need for standards that are more robust than the existing ones, which it said provide inadequate, generic assurance.

SPONSORED REPORT

Solving the lease accounting challenge

The challenges of the new lease accounting standard have been pervasive to say the least. In this free, independently-written report, you'll learn effective adoption strategies as well as resources for easing the transition to the new standard.

FEATURE

Tackling TCJA changes this tax season

Return preparers must be ready for how the Tax Cuts and Jobs Act has modified many common features of individual and business returns.