Meeting on International Standards of Accounting and Reporting

In the post-2015 era, resource allocation decisions will need to be made with a new mind-set that puts the SDGs at the centre. This will have implications for enterprises and their reporting requirements and practices. In producing the goods and services that the global community consumes, enterprises utilize human, natural and financial resources that need to be recognised, measured and reported on, considering the targets and challenges of the SDGs agenda. Policy makers, regulators, enterprises, financiers, and other stakeholders will need to develop and agree on ways to enhance the role of accounting and reporting in assessing the contribution of the private sector towards attaining the SDGs.

The session will facilitate an exchange of views on ways and means to enhance the role of corporate reporting as a tool to assess private sector contribution to the SDGs. It will also contribute to gaining insights on main trends and challenges in the area of sustainability reporting, and strengthen institutional links with key stakeholders to facilitate progress towards the harmonization of accounting and sustainability reporting requirements.

Issues to be addressed

• What is the role of corporate reporting in attaining the SDGs?
• What are the major initiatives on sustainability reporting?
• What are the key challenges in sustainability reporting for users and preparers?
• What are the key issues in aligning the reporting frameworks with the SDG monitoring requirements?