10 Jul 2017
Members of Chartered Accountants Worldwide (CAW), including ISCA, participated in a discussion on the role of the profession in achieving the United Nations’ Sustainable Development Goals (SDGs) in May this year.
Here, various leaders share their views on the role of the profession in achieving the Sustainable Development Goals
Some background on the Sustainable Development Goals: On 25 September 2015 the 193 members of the United Nations General Assembly formally adopted the 2030 Agenda for Sustainable Development. This included 17 Global Goals for Sustainable Development with 169 associated targets and the principle that no one will be left behind. The Goals were developed over two years by an open working group, with representatives from over 70 countries. The consultation on the Goals was the largest to date in the UN’s history and reached over 8 million individuals. The vision the Goals paint of the world we want by 2030 is hugely ambitious and very different from the world we know today. The profession has a history of coming together to serve the public interest by creating public goods in the form of common bases of measurement, reporting and assurance. As countries measure progress on the goals statistically, and business measures progress using accounting tools, the accountancy profession will have a substantial role in aligning these systems of measurement. Understanding the Goals’ interconnectivity and measuring progress will require huge amounts of data which will need to be trusted. The profession is at the forefront of applying new technology in information gathering, processing and assuring. Strong local institutions, including those that make up the accountancy profession will be essential to achieve the goals.
Held at the ICAEW headquarters in London, the event was attended by representatives of ISCA, Chartered Accountants Australia and New Zealand (CA ANZ), Chartered Accountants Ireland (CAI), CA Sri Lanka, Institute of Chartered Accountants of India (ICAI), Institute of Chartered Accountants Pakistan (ICAP), Institute of Chartered Accountants of Scotland (ICAS), South African Institute of Chartered Accountants (SAICA) and Zambia Institute of Chartered Accountants (ZICA).
Each group was asked to discuss which of the Goals they found most related to the accountancy profession, followed by deciding on the goal least related and how they all connect.
Members from the various CAW bodies provided their views on what the role of the profession should be, how to reach more accountants with the message, and consequently engage more businesses to start embedding the Goals.
Photos of the event
As ISCA CEO Mr Lee Fook Chiew shares, "Chartered Accountants are the cream of the profession that have undergone vigorous training and they can provide business owners with the right advice to get the job done”
In this video, accountancy leaders share their views on the value of Chartered Accountants.
What do you think the role of the profession should be and how can we reach more accountants and therefore more businesses to start embedding the Goals?
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