Page 77 - Quick Insights Book 2022
P. 77
Chap. 20 – World Bank and Royal Audit of Bhutan
REPORTING AUDIT AND ASSURANCE SERVICES
The reporting of an entity’s sustainability performance can By implementing precise methods and procedures known as
benefit from the expertise of Chartered Accountants in the internal control, the integrity of financial data and its gathering
implementation of reporting standards. Additionally, their can be protected. Chartered accountants are well-versed in this
systems might be changed to incorporate environmental area, which makes them the best people to assist with auditing
and social data, which might be utilised for both internal and and providing assurance on the CSR reports that are produced
external reporting. by organisations.
COST ANALYSIS ICAI’S SUPPORT
To compare two investment projects that are in competition, it Members may refer
would be necessary to analyse the economic profits in order to https://www.icai.org/post/sustainability-reporting-standards-board
decide on social and environmental initiatives. This might then for various publications and webinars conducted by institute in
be applied to the gathering, analysing, and reporting of non- the area of Sustainibility Reporting.
qualitative data.
64 Quick Insights on Professional Opportunities for Chartered Accountants
