FutureandcreatedbyWorldCommisiononEnvironmentandDevelopmentofthe

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SASBFSALevel1 1.Future"andcreatedbyWorldCommisiononEnvironmentandDevelopmentofthe UN.Discussessustainabledevelopmentandthetriplebottomlineforthefirsttime.

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corestrategies:

-reorientingcapitalflowstowardsamoresustainableeconomy -mainstreamingsustainabilityintoriskmanagement -fosteringtransparencyandlong-termism 3.andpublicreportingcanhavedisastrousconsequences 4.orderly,andefficientmarkets,andfacilitatescapitalformation SASB FSA Level 1.pdffile:///C:/Users/HP/Desktop/New%20folder%20(2)/SASB%20FSA%2...

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5.itsexclusionwouldhavealteredthe"totalmix"ofinformationconsideredbya reasonableinvestor 6.

7.atthetimeofpurchase -originalnominalvalueofassetreportedonbalancesheet,eveniftheasset'svaluehas changedovertime 8.variationinaccountingpractices,andestablishonestandardizedpractice 9.financialreportingfromstricthistoricalassetvaluationandtowarddecisionuseful- nessofreportedinformationtotheusersofthedisclosedinformation -"provideinformationwhichwillbeofassistanceinmakingeconomicdecisions"

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identifiedgoalofdisclosureandaccounting;affirmeddecision-usefulnessandem- phasisondiscountedfuturecashflowsaswayofvaluingassets(asopposedto historicalcostaccounting) -alsostatedthateconomicandsocialgoalsofabusinessareequallyimportant 11.

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14.performance,position,andprogress -supplementandcomplementinformationpresentedinfinancialstatements 15.theentity'sintangibleresourcesandrelationships;andESGmatters" SASB FSA Level 1.pdffile:///C:/Users/HP/Desktop/New%20folder%20(2)/SASB%20FSA%2...

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16.

17.information -includekeyperformanceindicators(includingnon-financialandmetricstoimprove comparabilitytocompaniesinotherindustries) -discloseknowntrendsanduncertaintiesthatarereasonablylikely -analyzetheinformationthatisdisclosed 18.tionshipstoidentifythesourceofandmeasureenvironmentalimpacts 19.valuetotheenvironmentalcostsassociatedwithcertainbusinessactivities 20.

21.short-termismmayunderminetheefficiencyofcapitalmarketsandresultindimin- ishedpublicconfidenceanddepressedreturns SASB FSA Level 1.pdffile:///C:/Users/HP/Desktop/New%20folder%20(2)/SASB%20FSA%2...

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