Corporate responsibility reports assurance trends and the role of management accountants
Subramaniam, Nava, Hodge, Kristy and Ratnatunga, Janek 2006, Corporate responsibility reports assurance trends and the role of management accountants, Journal of applied management accounting research, vol. 4, no. 2, Summer, pp. 1-9.
Over the past decade, corporate responsibility (CR) has moved from the fringes of the business world to being a significant boardroom agenda. What began largely as an extension of public relations reporting where organisations disclosed basic health and safety monitoring, and environmental impact results has now grown to a wider set of governance practices premised on the philosophy of sustainability.
This paper discusses some of the developing trends in the area of assurance of CR reports, and the emerging challenges faced by the assurance providers and managers alike. The paper also explores the role of management accountants in enhancing CR reporting and its assurance practices.