KPMG’s approach to valuing externalities: better decisions or fundamentally flawed?

by Carol Adams Approaches to valuing social and environmental activities have recently provided consultants with a new stream of work and academics with something to critique.  Some are genuinely horrified at the prospect of putting a monetary value or cost on something which is priceless, such as water or biodiversity. KPMG’s New Vision of Value might […]

Banks’ non-financial reporting compared: Which one would you work for? Or buy shares in?

By Carol Adams As non-financial reporting increases in volume and importance to a range of stakeholders, it becomes an important part of any Corporate Reporting course.  Approx. 260 MSc Finance and MSc Accounting students at Durham University Business School were asked to review the non-financial reporting of three banks, HSBC, RBS Group and Standard Bank […]

The role of business schools

Video interview with Paul Druckman, CEO, IIRC, discussing the role of business schools in the Global Financial Crises and how students, as future leaders, should have their eyes opened as to what needs to happen to create the change needed.  He argues that business schools should be in the forefront of creating this change and developing […]

Paul Druckman discusses the meaning of value creation

In this video Paul Druckman discusses the complexity of changing the capital market system given diverse stakeholder interests and the approach that corporate boards should take to the governance of ESG issues in light of the VW scandal.  He responds to criticisms by some academics that the International Integrated Reporting Council (IIRC) has moved away from […]

Paul Druckman speaks out on social and environmental sustainability and accountants

In this video Paul Druckman, CEO of the IIRC, talks with Carol Adams about his interest in social and environmental sustainability issues, their relevance to business and their place in the training of accountants. Paul’s interest in sustainability led to him taking a Diploma in Environmental Management. He explains his concern regarding the lack of […]

Video: panel discussion with Paul Druckman: Normalising integrated reporting

This video records a panel discussion with Paul Druckman the CEO of the International Integrated Reporting Council (IIRC), Carol Adams and Richard Slack both Professors of Accounting at Durham University Business School and Anne Adrain, Deputy Director, Sustainability and Assurance at ICAS. The key highlights of each presentation are summarised below. More information about the […]