Accounting physique welcomes new sustainability | Australian Markets
Chartered Accountants Australia and New Zealand (CA ANZ) has welcomed the introduction of new mandated sustainability and climate reporting requirements as a large enhance to investor confidence.
On Tuesday, the Auditing and Assurance Requirements Board (AUASB) accepted two Australian Requirements on Sustainability Assurance (ASSAs) below the Firms Act 2001, Common Necessities for Sustainability Assurance Engagements (ASSA 5000) and Timeline for Audits and Opinions of Info in Sustainability Studies (ASSA 5010).
This comes after analysis performed by the skilled accounting physique in 2024 surveying investor confidence discovered that close to 80 per cent of traders would really feel more sure about sustainability info if it was “mandatorily prepared” and aligned with agreed requirements.
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