Despite this, Brian Shaad, director of CORE, said in a letter to the FT it was ‘not too late to bring into law an effective non-financial reporting framework’.
Shaad said the government’s forthcoming operating and financial review (OFR) was an opportunity for the government ‘to promote a sustainable and innovative business environment that recognises wider stakeholder concerns about the human rights and environmental impact of business’.
The OFR is scheduled to come into place in the early part of 2005.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements