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The Australia Treasury has proposed a staged approach to mandatory sustainability reporting from 1 July 2024 which will significantly impact most companies required to prepare general purpose financial reports.
Join us for the latest In Focus webinar where we will delve into the formation of the International Sustainability Standards Board (ISSB), the development of IFRS S1 and IFRS S2 standards, and the proposed adoption timeline in Australia.
Our Grant Thornton panel will provide insights into the proposed approach for aligning sustainability with financial reporting and outline assurance requirements to ensure trustworthy data.
We'll also explore commonly adopted reporting frameworks and discuss how to mitigate greenwashing and litigation risks.
New and revised accounting standards, AASB 108
Over time, governments have shifted away from the direct provision of certain community services, instead commissioning them through a competitive market largely serviced by not-for-profit (NFP) organisations.
There continues to be a spotlight on trust and integrity within the professional services industry. From our perspective, these have always been critical considerations.
