Having effective strategies around ESG communications is essential for companies to build loyalty, attract new customers, and assure stakeholders. But in recent history, we have witnessed companies being called out for greenwashing, social washing, and even rainbow washing. Therefore, the moral of the story is that there are right ways and wrong ways to communicate […]
Sustainability Consulting is a hot topic and for a good reason. The world’s population continues to grow at an alarming rate, while natural resources are depleting rapidly. We need to take action now in order to maintain the quality of life we enjoy today. This article will analyze the benefits of sustainability consulting and provide
ESG disclosure is the process of communicating a company’s environmental, social, and governance policies and performance to its stakeholders. The goal of ESG disclosure is to provide investors with information that will help them make informed investment decisions. ESG disclosure has become increasingly important in recent years as investors have become more interested in how
Auditing cycles are important part of financial statement auditing. They are the means by which an auditor obtains sufficient, competent evidential matter to form an opinion on a company’s financial information. An audit evidence cycle begins with the identification of risks and ends with the issuance of an auditor’s report. In this post, we will
Audits often conjure an image of agents in skinny black ties poring over financial records. But audits involve much more than that – they also require a close examination of the assertions made by companies about their finances. By assessing whether these claims are accurate and supported, auditors provide invaluable insight to ensure everyone involved
It is estimated that one out of every three people has been a victim of some type of fraudulent crime in their lifetime. This includes everything from identity theft to corporate espionage and embezzlement. This article is going to look at 17 of the most common frauds that occur in business. And then examine in
It can be tough to keep up with all the acronyms and terminology in the world of finance. One such acronym you may have heard of, but may not fully understand, is ESG. ESG stands for Environmental, Social, and Governance, and it refers to the non-financial factors that can affect a company’s performance. In this
Materiality is a broad term that encompasses the many different features and attributes that exist in an organization, such as how it manages its supply chain, its financial position, and so on. The term was first coined by Harvard University professor Robert Kaplan and his colleague David Norton to describe the intersection between equity and
Environmental, Social, and Governance (ESG) is a new type of investing that has been gaining traction in the last few years. But now that COP26 is behind us and COP 27 is coming on November 6-18, 2022, ESG is center stage for businesses and investors alike. And when you consider that there are millions of
A sustainability audit is a process that evaluates the performance of an organization in relation to its sustainable development goals. It can also be referred to as a “triple bottom line” assessment because it assesses how well the company performs in three areas: social, environmental, and economic. A triple bottom-line assessment typically includes an analysis
Audit committees are responsible for evaluating the effectiveness of policies and procedures designed to ensure management’s representation of your company’s financial condition is true and accurate. Auditing is a critical step in any type of ethical, social audit, performance audit, or ESG assessment that demands an objective conclusion. Policies include oversight responsibility for the integrity