The Association of International Certified Professional Accountants, the unified voice of the American Institute of CPAs and The Chartered Institute of Management Accountants, is pleased to welcome and make its members aware of The Good Governance Academy.
The Good Governance Academy (GGA) is based in South Africa and the brainchild of leading thinker, Professor Mervyn King SC, previously Chair of the International Integrated Reporting Council (IIRC).
The aim of the organisation is to work with South African and international education and business institutions to develop ideas and best thinking around critical governance issues and how businesses can create value in a sustainable way. It recognises there is a business risk associated with climate change particularly bearing in mind the limited resources available. Below are the governance issues the GGA feels need immediate attention:
- Mindful outcomes based governance
- Conscious corporate leadership
- Value creation in a sustainable manner
- Integrated thinking and reporting
- Integrated functions
- The Extended External Reporting (EER) Assurance as presently contained in a Consultation Paper issued by the International Auditing and Assurance Standards Board
- The business risks associated with climate change; and
- The business risks associated with species extinction, especially the reduction in the bee population with consequential reduction in natural pollination.
The GGA’s goals are aligned with the United Nation’s 17th Sustainable Development Goal (SDGs): Strengthen the means of implementation and revitalise the global partnership for sustainable development; and its 4th SDG: Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all.
At the Association, we believe Chartered Global Management Accountants (CGMAs) with their commitment to upholding the highest standards of ethical conduct, are well-suited to help organisations deliver the United Nations’ Sustainable Development Goals. As initiatives like The GGA gain traction in the business world some of the key skills of CGMAs, which include expertise in governance, risk management and control, business analysis and decision support will become increasingly desirable and valuable to organisations of all kinds.
For more information, please visit: www.thegoodgovernanceacademy.com