Latest Breaking News On - வெஸ் செங்கல் - Page 1 : comparemela.com
CFOs face rising heat to combat climate change from a range of stakeholders.
Activists demand commitments to shrink carbon footprints. Investors want both green operations and
robust profits. Regulators including the Securities and Exchange Commission (SEC) are gearing up to require detailed disclosures on climate risks.
When handling such pressure, financial executives draw from an ill-fitting set of tools. They lack a single, detailed framework for measuring climate risk that is recognized across industries, markets and jurisdictions worldwide.
Instead, CFOs must choose from among several systems that use different calculation methods and data definitions. The result they often get just a loose grip on climate risk, according to accountants and experts in sustainability measurement.
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POGO Urges New SEC Chair to Reform the Audit Industry
May 26, 2021
Dear Chair Gensler:
Congratulations on your recent confirmation as chair of the Securities and Exchange Commission (SEC). I write to you on behalf of the Project On Government Oversight (POGO) to provide several recommendations for the Public Company Accounting Oversight Board (PCAOB)
that the commission can implement immediately on its own, and several where the commission can work with Congress to strengthen the laws governing this oversight system. These reforms will help President Joe Biden deliver on his promises to ensure that government will work for all Americans.
POGO is a nonpartisan independent watchdog that investigates and exposes waste, corruption, abuse of power, and when the government fails to serve the public or silences those who report wrongdoing. We champion reforms to achieve a more effective, ethical, and accountable federal government that safeguards constitutional principles.
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