SAIBA | UNCTAD | Webinar | Sustainability reporting for SME’s
South Africa as member of the UN has agreed that South African companies should report on the UN Sustainable Development Goals (SDG).
This may require amendments to the Companies Act, 2008 so that companies can add SDG reporting in their financial reports. This means new opportunities for business accountants and assurance providers to assist SMEs.
To enable proper reporting business accountants will need new skills to:
• Preparing integrated reports.
• Issuing assurance reports.
• Advisory services.
The UN are proposing that entities report on a core set of SDG indicators. There are 33 core indicators covering economic, environmental, social and institutional areas. They range from reporting the amount of revenue, to the average number of hours of training on anti-corruption issues, per year per employee.
All 33 indicators will be discussed in the Webinar.
SAIBA has asked the UNCTAD to present to explain the SDG reporting indicators so that business accountants can help create a better future by assisting SMEs with drafting SDG reports.
The webinar covers:
1. UNCTAD Core Guidance on Sustainability Reporting.
2. Economical Dimension based on case study examples.
3. Social Dimension based on case study examples.
4. Environmental Dimension based on case study examples.
5. Institutional Dimension based on case study examples.
6. Work of IFRS Foundation on Sustainable Reporting