Today’s professional accountant is expected to do more than juggle numbers; he or she increasingly participates in achieving sustainability objectives, which aim to ensure that a company’s resources are used to create not only monetary value but sustainable value today and into the future. To achieve this requires concerted multidisciplinary effort toward enhanced corporate reporting that addresses financial and sustainability concerns, guided by international accounting standards that incorporate sustainable value creation.
Financial audits can inspire apprehension, but a rigorous, thorough, high-quality audit is crucial in helping a business to meet its goals and expectations. Multidisciplinary firms, offering audit alongside other services, are proving to be invaluable as technology renders businesses’ situations and requirements more complicated. But regulators aren’t as convinced that they are up to the task. What is the case for the multidisciplinary model in the increasingly complex Information Age?