Accounting and reporting evolved over the last fifty years to the point where so-called non-financial reporting has established its own standing. Today the accounting profession realises the need to collaborate with new partners in “saving the planet”. Shock events of the last two decades have underlined the conclusion by Big Four executives in the 2000s that the old financial reporting model has become redundant.
As we come to grips with the implications of the digital revolution, the challenge is to look beyond reports to underlying accounting systems, values and intercapital connections. This requires re-organisation and collaboration between the financial, management and sustainability accounting professions. It involves the making of more holistic and integrated, New Accounting.
Working with accounting experts and interdisciplinary teams, I provide co-leadership in delivering:
Definition and application of new accounting principles and approaches to capture value creation, respecting the realities of sustainability context, interconnectivity between diverse capitals (financial and non-financial) and long-term consequences,
Development of alternative accounting methodologies and statements, measuring true valued added and integrating externalities, and helping organisations produce statements of income, financial position and future risk & opportunity that reflect relevant tangible as well as intangible assets, and
Facilitation of dialogue, learning and capacity building events to improve integrated thinking, converged application of standards, sector-specific relevance and practices to produce higher quality of integrated reporting <IR>.
Co-authored with Shari Littan, Kristine Brands & Brad Monterio, based on interviews with finance executives world-wide.
Co-authored with Nadia Mans-Kemp, comparing integrated reporting quality, ESG performance and financial performance of JSE 100.
Lead author, with Carol Adams as chapter contributor, of the blueprint on accounting in 20 years time, encompassing financial, management & sustainability accounting.
Co-authored with Shari Littan, including feedback from our survey of leading corporate reporters world-wide.
Edited and concluded collection of contributions from 20 international experts in the fields of corporate reporting, investment and governance on new trends in capturing and communicating value.
With Romain Brillie and Nicolas Delange as lead authors, benchmarking of sustainability reports by 56 corporations, interviews with 28 sustainability experts, investors and communications specialists, and national emerging market reviews provided by partners from Brazil, India, China and South Africa.
Lead co-author with Sean Gilbert (GRI) and William Evison (PricewaterhouseCoopers). Contribution to the TEEB Business report, on integration of ecosystems data in information management, accounting and reporting, investment decision-making.
Contribution to Sonnemann, G. and Margni, M. (eds) 2015. Life Cycle Management (LCA Compendium: The Complete World of Life Cycle Assessment). Dordrecht: Springer. Considers connection between LCA metrics and corporate financial value drivers.