From Intangibles to Sustainability Reporting: A Long Road Ahead
In the following semester, three research seminars were organised by the Institute of Accounting and Law and Mohapatra Partha the collague of the Institute and CIAS. On 5 December, Dr. Anup Srivastava will give a lecture on "From Intangible Assets to Sustainability Reporting: the Long Road Ahead".
Date: 5 December 2024, 15:00-16:30
Location: Online event
Natural capital accounting is an increasingly important topic for the society, but also a new final frontier for the accounting community. NCA revises the definition of GDP, the national income. When negative outcomes of the society’s actions on natural capital are considered, an appropriately calculated GDP might show a net destruction of wealth in the society, not creation. NCA considers the value of changes in a nation’s resources to comprehensively measure true national income. To iever, a hierarchy of escalating and increasingly complex accounting challenges must be addressed. Those challenges begin with accounting for intangibles at the firm level, progressing to the measurement of a ESG performance at the firm level, followed by measuring the total performance of all entities in a nation. All this while determining the relative important of different natural resources and creating appropriate penalties and incentive systems for consuming and preserving different natural resources. Remember, what cannot be measured cannot be managed.
https://us06web.zoom.us/j/82045957007?pwd=TYbTqodVzvwkj40fGjgyvkyfOALCeG.1
Meeting ID: 820 4595 7007
Passcode: 359127
Further presentations
20 February 2025 – Derek K. Oler: Big Baths and Profit Manipulation
3 April 2025 – Dr. Aneesh Raghunandan, Professor of Accounting (Yale University), topic to be discussed