Committee Action Plan

SUSTAINABILITY ACCOUNTING AND REPORTING COMMITTEE

Who We Are:

·         Society members with an interest in sustainability accounting and reporting, including integrated reporting, social responsibility, assurance, and compliance issues, to enhance communication of an organization’s ability to sustain value creation and manage its risks.

·         Society members with an interest in the use and presentation of financial and non-financial information to internal and external stakeholders to focus on an organization's effect on the economy, environment and society.

·         Society members with an interest in reporting standards, frameworks, and guidelines, and surrounding evolving dialogues, including those of SEC, AICPA, IFAC, PCAOB, SASB, GRI, IIRC, other organizations, professionals, and scholars.

What We Do:

·         Encourage members of the NYSSCPA to become involved in the dialogue of financial reporting requirements, disclosures (voluntary and mandated), assurance, and compliance matters surrounding new and developing environmental and societal public reporting. This developing reporting dialogue encompasses all sectors from the perspective of resource management and compliance (corporate governance, regulatory compliance, board and stakeholder relationships) for all organizations.

·         Address and coordinate efforts among financial experts – CPAs, CFOs, controllers, management, and financial analysts – to help inform, define and improve sustainability indicators, business valuations and risk management and help translate them into sustainability accounting and reporting including integrated reporting and social responsibility reporting.

·         Encourage and help develop professionals to pursue a career path in this evolving reporting area.

·         Educate the membership about sustainability accounting, reporting, assurance, and compliance, including that of integrated reporting and social responsibility reporting, and effects on valuations, risk management, and tax policy.

·         Communicate the needs and benefits of sustainability accounting and reporting via meetings, conferences, publications, and other communicative activities.

Who Should Join:

Members in public practice and industry with an interest in sustainability accounting and reporting, including integrated reporting and social responsibility reporting, assurance, development of standards, frameworks, and guidelines, nonfinancial metrics, valuation, risk management, and tax policy, should consider joining this committee.