Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

ICAI to set up Sustainability Accounting Standards Board

Feb 13, 2020, 14:18 IST

PTI

New Delhi, Feb 13 () Chartered accountants' apex body ICAI will set up a Sustainability Accounting Standards Board to help companies in achieving sustainable development goals.

ICAI President Atul Kumar Gupta on Thursday said the board would be launched on Friday and discussions would be held with stakeholders to take the idea forward.

With the proposed standards, there would be disclosure requirements for companies in terms of "sustainability part" or sustainable development goals of the United Nations.

Gupta, who took over as the President on Wednesday, also said efforts are continuing to strengthen the institute's disciplinary mechanism, including faster disposal of disciplinary cases.

The Institute of Chartered Accountants of India (ICAI) has more than three lakh members. RAM ANUANU

(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)