EU Extends Certain CSRD Adoption Timelines for Sector-Specific Standards and Non-EU Companies – But Read Between the Lines
What happened – The European Parliament and the European Council have reached agreement on a proposal to delay certain adoption timelines of the Corporate Sustainability Reporting Directive (CSRD). The provisional agreement now only needs to be endorsed and formally adopted. Why it happened – Last September, EU Commission President Ursula von der Leyen pledged to […]
Engaging Internal Audit Stakeholders to Build the Base for Adoption — Understanding the Global Internal Audit Standards (Part 1 of 3)
The final updated Global Internal Audit Standards become effective January 9, 2025. Why it matters: The update established an emphasis on quality, clarifies responsibilities, provides further guidance, and enhances the role of internal auditing as a business partner. Why start now: Proactively communicating, engaging in discussions, and laying the groundwork with stakeholders for the formalization […]
ESG Data Management and Reporting Are the CFO’s Responsibility — Period
In a global survey of CFOs and finance leaders conducted by Protiviti, ESG metrics and measurement stand out as the highest priority for the finance organization to address over the next 12 months. Make no mistake: The new era of ESG data management and reporting is ultimately about risk management. Mitigating myriad risks that can […]
