A scientific phenomenon with many titles, including global warming and climate change, we have recently been reading about multiple accusations of fraud. Although I am rather confused about which scientists to believe, I feel that these accusations point to the need for fair, consistent and reputable rules of measurement and reporting.
Here enters the CPA profession. The AICPA has long asked for a place at the table of reporting. We have had representatives at international conferences pleading for a hand in the development of international standards. We have not been slack in wanting to be team members to bring fairness to this process of reporting to the global public in hopes of closing the door to those who would perpetrate the frauds upon the investing population in this country and around the world.
Here in South Carolina our Association has formed a task force to help respond to the market driven aspects of the economic, social and ecological impact upon our clients. This is a novel and exciting committee that is working in South Carolina to bring awareness of the pertinent issues before our membership. This dynamic group of members will soon be reporting to our board with recommendations of what we can do right here at home to help professionally address this global issue. I encourage each of our members to keep an eye upon the work of this committee. It plans to come along side the AICPA committees that are working on the same issues. South Carolina wants to have a place at the global table, and at the same time, guide our firms, employers and clients to step up and be on the leading edge of long-term sustainability, a key element of any “going concern.”
As our membership hears more from our Sustainability Initiative Task Force, I challenge each member to consider being a positive part in providing “A Thousand Points of Green” across our loved state of South Carolina.
To be continued … for years to come.
Blogger: Charles ‘Eddie’ Brown, CPA