FDU-Integrated-Reporting - Monday, April 3, 2017
Panel of World Leaders in Accounting ... Sustainability & Integrated Reporting
Review of Trends and Insights impacting the Accounting Profession
Bob Laux, North American Lead, International Integrated Reporting Council Sean Smith, Professor, Rutgers; Author, “Strategic Management Accounting - Delivering Value in a Changing Business Environment through Integrated Reporting”
Bill Russell, Professor of Green Accounting, Columbia University; Principal, Transitioning to Green, ISE Senior Fellow, Former PwC Sustainability Practice Leader
Venue: The Orangerie, Monninger Center 6:30 – 8:30 p.m. Heavy Hors D’Oeuvres
The emerging role of accounting professionals in financial reporting
How sustainability-related accounting and reporting frameworks (e.g., GRI, SASB) and the Sustainability Accounting Standards Board are challenging traditional accounting and financial reporting practices.
Trends requiring significant changes in professional and university accounting curricula (including strategic focus, longer-term outlook, prospective analysis, qualitative commentary, wider business performance audit metrics).
TrueValueMetrics (TVM) is an Open Source / Open Knowledge initiative. It has been funded by family and friends plus donations from well wishers who understand the importance of accountability and getting the management metrics right. TVM is a 'big idea' that has the potential to be a game changer leveling the playing field so the wealth and power is shared on a more reasonable basis between people who work for a living and those that own the economy and the levers of power. In order to be effective, it cannot be funded in the conventional way with a for profit business plan, but absolutely must remain an open access initiative.