Abstract
In the United States, the Committee of Sponsoring Organizations of the Treadway Commission (COSO) provides guidance on internal controls for corporations. COSO is a private-sector initiative jointly sponsored and funded by five organizations: American Accounting Association (AAA), American Institute of CPAs (AICPA), Financial Executives International (FEI), The Institute of Management Accountants (IMA) and the Institute of Internal Auditors (IIA). The Recent COSO white paper contemplates the connection between sustainability and accounting. This chapter examines the current COSO work and the evolution of accounting and sustainability, including the place of the social audit.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
COSO White Paper. (2013). Defining sustainability risk. Ernst and Young LLP
Ernst and Young. (2013). Six growing trends in corporate sustainability.
Ernst and Young. (2014). The tone from the top for sustainability reporting.
Hickox J. R., KPMG LLP. (2014). Working with you to create long term value.
KPMG. (2014a). Climate Change and Sustainability Services, The journey to a sustainable business model, global center for excellence for climate change and sustainability.
KPMG. (2014b). Press release: KPMG captures two International Accounting Bulletin Awards.
Leisha, J., Starbuck, S., Ernst and Young LLP. (2013). E&Y Americas Sustainability Report. Ernst and Young LLP.
Preston, M., PricewaterhouseCoopers. (2014). What motivates your CEO over the long term: Shareholder or social value?
PricewaterhouseCoopers. (2014). World watch sustainability news.
Sullivan, K., Alan, F., Anna, N., & Mark, M. (2014). Sustainability and non-financial reporting: The role of internal audit. NY: Deloitte and Touche LLP.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2015 Springer International Publishing Switzerland
About this chapter
Cite this chapter
Kinkela, K. (2015). United States Accounting Firms Respond to COSO Advice on Social Audit, Sustainability Risk and Financial Reporting. In: Rahim, M., Idowu, S. (eds) Social Audit Regulation. CSR, Sustainability, Ethics & Governance. Springer, Cham. https://doi.org/10.1007/978-3-319-15838-9_4
Download citation
DOI: https://doi.org/10.1007/978-3-319-15838-9_4
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-15837-2
Online ISBN: 978-3-319-15838-9
eBook Packages: Business and EconomicsBusiness and Management (R0)