With momentum building towards the UN Climate Change Conference in Peru, new figures from IBR reveal that businesses leaders in emerging markets are more focused on the sustainability of their operations compared with peers in developed markets. Nathan Goode, global leader for energy & cleantech is therefore calling for a change in the narrative around sustainability arguing that we need to start talking in language that resonates with businesses.
Investor calls for transparency and the rise of social media have thrust the impact businesses have on the economy, the environment and society more firmly into the public spotlight. Our new International Business Report (IBR), insight from the leading children’s charity UNICEF and Grant Thornton leaders, this report looks at what companies are doing to make their operations more sustainable and why, and considers the role integrated reporting can play in improving transparency and decision making.
Although the accounting conclusion may not change with respect to non-refundable upfront fees for retailers, the assessment process for such fees differs under IFRS 15. Find out more about how this new global revenue standard affects the retail industry.
While current guidance in IAS 18 is not as detailed, most software entities are unlikely to see significant impacts in this area unless they had previously adopted an accounting policy requiring a signed contract to be in place before recognising revenue.
While IAS 11 applies to ‘construction contracts’, IFRS 15 applies more broadly. Find out more about how this new global revenue standard affects the construction industry.
Our latest Tax publication, Getting to grips with the BEPS Action Plan, aims to help clients of all sizes to understand the impact of the Action Plan and begin to prepare their businesses. It will looks into what the OECD’s planned overhaul of the international tax system means for businesses, how the potential shake-up ahead could affect them and what they should prepare for.
Growing communities: How charity leaders govern social media globally to thrive online captures the views and experiences of charity chief executives and their peers. Grant Thornton Not for Profit and social media specialists asked senior executives a range of questions covering five key areas: strategy, governance, education, risk and measurement.
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