LAKE MARY, Fla. (July 28, 2021) \u2013 The Institute of Internal Auditors, the internal audit profession\u2019s globally recognized advocate, educator, and provider of standards, guidance, and certifications, today called on the international accounting standards IFRS Foundation for enhancements to sustainability reporting. The IIA also offered to play a role on a consultative committee being assembled through the International Organization of Securities Commissions (IOSCO), the international body that brings together the world’s securities regulators and is recognized as the global standard-setter for the securities sector.<\/p>\n
In a letter to IFRS Foundation trustees, IIA President and CEO Anthony J. Pugliese, CPA, CGMA, CITP, wrote of the \u201cimperative to identify specific metrics that enable accurate, relevant, and comparable sustainability reporting across organizations\u201d and previous support by The IIA for creation of a set of internationally recognized sustainability reporting standards. The IIA endorses \u201cchanges to the IFRS Constitution to create a new board, establish sustainability standards, and ensure alignment within the Constitution,\u201d according to the letter.<\/p>\n
The IIA is committed to addressing the broader issues associated with environmental, social, and governance (ESG) matters on a global level and advocating for the critical role of independent internal assurance. \u201cThe sustainability standard-setting process,\u201d Pugliese wrote, \u201ccan only benefit from the internal audit perspective, as strong internal control environments are required to produce valid information for ESG reporting and to create trust for investor and all stakeholder decision-making.\u201d<\/p>\n
Read the full letter.<\/a><\/p>\n John Babinchak The Institute of Internal Auditors (IIA) is the internal audit profession\u2019s most widely recognized advocate, educator, and provider of standards, guidance, and certifications. Established in 1941, The IIA today serves more than 200,000 members in nearly 200 countries and territories. The IIA\u2019s global headquarters are in Lake Mary, Fla. For more information, visit www.theiia.org<\/a> or www.globaliia.org<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" LAKE MARY, Fla. (July 28, 2021) \u2013 The Institute of Internal Auditors, the internal audit profession\u2019s globally recognized advocate, educator, and provider of standards, guidance, and certifications, today called on the international accounting standards IFRS Foundation for enhancements to sustainability reporting. The IIA also offered to play a role on a consultative committee being assembled […]<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-9828","post","type-post","status-publish","format-standard","hentry","category-iia-naujienos"],"featured_image_src":{"landsacpe":false,"list":false,"medium":false,"full":false},"_links":{"self":[{"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/posts\/9828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/comments?post=9828"}],"version-history":[{"count":0,"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/posts\/9828\/revisions"}],"wp:attachment":[{"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/media?parent=9828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/categories?post=9828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vaa.lt\/en\/wp-json\/wp\/v2\/tags?post=9828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Media Contact<\/h2>\n
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John.Babinchak@TheIIA.org<\/a><\/p>\nAbout The Institute of Internal Auditors<\/h2>\n