Sustainability is now the primary moral and economic imperative and it is one of the most important sources of both opportunities and risks for businesses. Nature, society, and business are interconnected in complex ways that need to be understood by decision-makers. Incremental changes towards sustainability are not sufficient – we need a fundamental shift in the way companies and directors act and organize themselves.

― The King Report on Corporate Governance for South Africa (The Institute of Directors in Southern Africa) September 2009.

Required:

You are required to select any two local companies or any two organizations existing in Fiji and find out:

a) How do these organizations make strategic decisions regarding how to account for, report on, and obtain assurance for sustainability activities?

b) How they are maintaining audit and assurance of sustainability information in their books of account.

c) Describes accountants’ role across the sustainability cycle, including how the profession can add value to sustainability-oriented activities.

global will also assist.