New Delhi: Finance Minister Nirmala Sitharaman appealed to chartered accountant experts to develop sustainability reporting standards for better corporate governance and a sustainable world.
She said sustainability is based on three pillars: socio-economic, environmental and economic factors, which lead to people, planet and profit. In Mumbai, Ms. Sitharaman spoke at the opening ceremony of the 21st World Congress of Accountants (WCOA) hosted by ICAI, where she announced the formation of the International Sustainability Standards Committee with the aim of developing global sustainability standards. Kudos to her IFRS Foundation efforts.
The focus of the World Congress of Accountants, held for the first time in India, is sustainability, as evidenced by the theme of building the trust that enables sustainability. She addressed her congregation of over 6,500 accountants around the world, expressing hope that delegates will discuss issues of transparency, trust and sustainability over the course of her four-day event. expressed.
