Rigorous auditor scrutiny mandatory to validate inexperienced claims

Talking on a different Accountants Day-to-day podcast to mark Auditor Proud Day — which this yr has sustainability as its theme — Mr Ghandar stated there have been expanding calls for for rigour in environmental claims.

“Preferably, you’d need to have reporting on the ones varieties of problems that’s simply as rigorous and simply as dependable as what you’ve gotten at the financials,” he stated. “We’re now not there but, needless to say. However that’s the place we’re seeking to head to.

“Probably the most issues is a matter referred to as greenwashing, the place you’ve gotten a sustainability file nevertheless it’s now not a balanced and whole point of view at the affects of the trade round sustainability. It turns right into a advertising report.

“That’s one thing ASIC has been thinking about and it’s one thing we have been surely all in favour of.”