Sustainability Reporting

ICAS welcomes gov’s sustainability-related consultations package

The Institute of Chartered Accountants of Scotland (ICAS) has welcomed the launch of the Department for Business and Trade’s package of three sustainability-related consultations. The department has unveiled consultations on sustainability reporting standards, assurance of sustainability reporting and climate-related transition plan requirements, As a result, ICAS has urged stakeholders to…

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Azets doubles down on ESG commitments

Accountancy firm Azets has reaffirmed its commitment to its ESG goals with targets to cut its carbon footprint, aligning with the Science Based Targets initiative (SBTi), and investing in renewable energy and waste reduction. The group has launched a double materiality assessment (DMA) under the Corporate Sustainability Reporting Directive (CSRD)…

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ACCA ‘cautiously’ welcomes EU Omnibus Directive

Leading global professional accountancy body ACCA has “cautiously” welcomed the intent behind the Omnibus Directive, which is intended to save cost, reduce the burden on smaller businesses, and make European companies more competitive.  This comes after the European Union (EU) proposed changes to some of the requirements in the European…

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Today’s news in brief – 13/2/2025

Azets has acquired part of KPMG Sweden’s audit, advisory, and tax business for SMEs, marking its first Nordic deal. The acquisition, set to complete in summer 2025, will double Azets Sweden’s size to SEK1bn (£738m) and create a new business area. The deal expands Azets’ presence in the public sector…

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ICAS calls for urgent roadmap for sustainability assurance

The Institute of Chartered Accountants of Scotland (ICAS) has called for an “urgent” roadmap for sustainability assurance in response to the FRC’s final report from its Assurance of Sustainability Reporting Market Study. According to the Scottish institute, sustainability assurance professionals should be subject to robust performance and quality management, as…

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Organisations need holistic approach to identify SRROs, says ACCA

Organisations should take a holistic approach to identify their sustainability-related risks and opportunities (SRROs), a new report from ACCA says.  The latest instalment of ACCA’s sustainability reporting series suggests a practical approach to helping businesses determine material information for sustainability reporting.  The article sets out three steps to help organisations:…

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ICAEW launches Sustainability Accelerator Programme

ICAEW has announced the launch of its new Sustainability Accelerator Programme, a free new sustainability e-learning programme for chartered accountants. The programme aims to offer a series of flexible, bite-sized e-learning resources and certificates to equip chartered accountants and finance professionals with the practical skills and technical expertise to build…

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PKF Global unveils raft of senior promotions

PKF Global has announced a raft of partner and director promotions across its network, which includes Europe, North America, and Eastern Africa.  Irish member firm PKF Brenson Lawlor has promoted Bryan Casey-Whitmore to director in its audit and advisory team.  Other European member firms have recently celebrated promotions, including new…

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ICAS endorses IFRS Sustainability Disclosure Standards for UK use

The Institute of Chartered Accountants of Scotland (ICAS) has recommended the endorsement of the IFRS Sustainability Disclosure Standards, IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures, for use in the UK. The announcement comes following the final recommendations put forward to the Secretary…

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ICAS CEO appointed Global Accounting Alliance chair

Bruce Cartwright, CEO of the Institute of Chartered Accountants of Scotland (ICAS) has been appointed as new chair of the Global Accounting Alliance (GAA). Cartwright succeeds former chair Barry Melancon, who is retiring at the end of 2024, and will officially take up the role from January 2025. Cartwright said:…

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